PPP Loan information for Franken oil & distributing company

$300,105

Franken oil & distributing company was initially approved for PPP Loan of amount $300,105, the current approved amount is $300,105. The loan was approved on 04/06/2020 by The Community 1st Bank Las Vegas reported 57 jobs and $300,105 was used to fund payroll.

Franken oil & distributing company is Existing or more than 2 years old

PPP Loan Search / NM / LAS VEGAS / Franken oil & distributing company

FRANKEN OIL & DISTRIBUTING COMPANY

Date Approved

04/06/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

FRANKEN OIL & DISTRIBUTING COMPANY

Borrower Address

1025 Douglas

Borrower City

LAS VEGAS

Borrower State

NM

Borrower Zip

87701-4483

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300105.00

Current Approval Amount

300105.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45818

Servicing Lender Name

Community 1st Bank Las Vegas

Servicing Lender Address

600 Douglass Ave

Servicing Lender City

LAS VEGAS

Servicing Lender State

NM

Servicing Lender Zip

87701-3927

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAS VEGAS

Project County Name

SAN MIGUEL

Project State

NM

Project Zip

87701-4483

CD

NM-03

Jobs Reported

57

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30021.00

Payroll Proceed

240084.00

Mortgage Interest Proceed

30000.00

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

45818

Originating Lender

Community 1st Bank Las Vegas

Originating Lender City

LAS VEGAS

Originating Lender State

NM

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

302423.07

Forgiveness Date

01/19/2021

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