PPP Loan information for The oil spot, inc.

$53,800

The oil spot, inc. was initially approved for PPP Loan of amount $53,800, the current approved amount is $53,800. The loan was approved on 04/07/2020 by The The Citizens Bank of Weston reported 8 jobs and $53,800 was used to fund payroll.

The oil spot, inc. is Existing or more than 2 years old

THE OIL SPOT, INC.

Date Approved

04/07/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

THE OIL SPOT, INC.

Borrower Address

606 East 3rd Street

Borrower City

WESTON

Borrower State

WV

Borrower Zip

26452-2023

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53800.00

Current Approval Amount

53800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75433

Servicing Lender Name

The Citizens Bank of Weston

Servicing Lender Address

201 Main Ave

Servicing Lender City

WESTON

Servicing Lender State

WV

Servicing Lender Zip

26452-2043

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTON

Project County Name

LEWIS

Project State

WV

Project Zip

26452-2023

CD

WV-02

Jobs Reported

8

NAICS Code

811191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

53800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

75433

Originating Lender

The Citizens Bank of Weston

Originating Lender City

WESTON

Originating Lender State

WV

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

54194.53

Forgiveness Date

01/07/2021

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