PPP Loan information for Vet's oil co. inc

$572,400

Vet's oil co. inc was initially approved for PPP Loan of amount $572,400, the current approved amount is $572,400. The loan was approved on 04/15/2020 by The Bank Midwest reported 110 jobs and $572,400 was used to fund payroll.

Vet's oil co. inc is Existing or more than 2 years old

VET'S OIL CO. INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

VET'S OIL CO. INC

Borrower Address

0 PO BOX 45

Borrower City

JACKSON

Borrower State

MN

Borrower Zip

56143-0045

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

572400.00

Current Approval Amount

572400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JACKSON

Project County Name

JACKSON

Project State

MN

Project Zip

56143-0045

CD

MN-01

Jobs Reported

110

NAICS Code

424720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

572400.00

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

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

577758.30

Forgiveness Date

03/25/2021

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