PPP Loan information for Approved oil co. of brooklyn, inc.

$4,417,447

Approved oil co. of brooklyn, inc. was initially approved for PPP Loan of amount $4,417,447, the current approved amount is $4,417,447. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 272 jobs and $4,417,447 was used to fund payroll.

Approved oil co. of brooklyn, inc. is Existing or more than 2 years old

PPP Loan Search / NY / Brooklyn / Approved oil co. of brooklyn, inc.

APPROVED OIL CO. OF BROOKLYN, INC.

Date Approved

04/09/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

APPROVED OIL CO. OF BROOKLYN, INC.

Borrower Address

6717 4th Avenue 0.0

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11220-5306

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4417447.00

Current Approval Amount

4417447.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11220-5306

CD

NY-10

Jobs Reported

272

NAICS Code

454310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

40000.00

Payroll Proceed

3597447.00

Mortgage Interest Proceed

0.00

Rent Proceed

100000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

680000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4470478.45

Forgiveness Date

06/28/2021

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