PPP Loan information for Elon oil company, inc.

$87,037

Elon oil company, inc. was initially approved for PPP Loan of amount $87,037, the current approved amount is $87,037. The loan was approved on 04/28/2020 by The Home Federal Bank reported 19 jobs and $87,037 was used to fund payroll.

Elon oil company, inc. is Existing or more than 2 years old

PPP Loan Search / LA / BOSSIER CITY / Elon oil company, inc.

ELON OIL COMPANY, INC.

Date Approved

04/28/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

ELON OIL COMPANY, INC.

Borrower Address

1000 CHINABERRY DR Suite 501

Borrower City

BOSSIER CITY

Borrower State

LA

Borrower Zip

71111-2462

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87037.00

Current Approval Amount

87037.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77438

Servicing Lender Name

Home Federal Bank

Servicing Lender Address

222 Florida St

Servicing Lender City

SHREVEPORT

Servicing Lender State

LA

Servicing Lender Zip

71105-4622

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOSSIER CITY

Project County Name

BOSSIER

Project State

LA

Project Zip

71111-2462

CD

LA-04

Jobs Reported

19

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

87037.00

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

Partnership

Originating Lender Location Id

77438

Originating Lender

Home Federal Bank

Originating Lender City

SHREVEPORT

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

87771.98

Forgiveness Date

03/02/2021

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