PPP Loan information for United oil corporation

$666,800

United oil corporation was initially approved for PPP Loan of amount $666,800, the current approved amount is $666,800. The loan was approved on 04/07/2020 by The Lake City Bank reported 51 jobs and $666,800 was used to fund payroll.

United oil corporation is Existing or more than 2 years old

UNITED OIL CORPORATION

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

UNITED OIL CORPORATION

Borrower Address

1609 Business 30 East

Borrower City

COLUMBIA CITY

Borrower State

IN

Borrower Zip

46725-7540

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

666800.00

Current Approval Amount

666800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLUMBIA CITY

Project County Name

WHITLEY

Project State

IN

Project Zip

46725-7540

CD

IN-03

Jobs Reported

51

NAICS Code

424710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6500.00

Payroll Proceed

395780.89

Mortgage Interest Proceed

0.00

Rent Proceed

9400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

104389.26

Debt Interest Proceed

150729.85

Business Type

Subchapter S Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

674171.84

Forgiveness Date

05/20/2021

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