PPP Loan information for Geer oil co., inc.

$129,100

Geer oil co., inc. was initially approved for PPP Loan of amount $168,800, the current approved amount is $129,100. The loan was approved on 04/11/2020 by The Dogwood State Bank reported 41 jobs and $129,100 was used to fund payroll.

Geer oil co., inc. is Existing or more than 2 years old

GEER OIL CO., INC.

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

GEER OIL CO., INC.

Borrower Address

105 S 7th St

Borrower City

MOREHEAD CITY

Borrower State

NC

Borrower Zip

28557-4204

Loan Status Date

01/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

168800.00

Current Approval Amount

129100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

233057

Servicing Lender Name

Dogwood State Bank

Servicing Lender Address

5401 Six Forks Rd

Servicing Lender City

RALEIGH

Servicing Lender State

NC

Servicing Lender Zip

27609-4462

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOREHEAD CITY

Project County Name

CARTERET

Project State

NC

Project Zip

28557-4204

CD

NC-03

Jobs Reported

41

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

129100.00

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

233057

Originating Lender

Dogwood State Bank

Originating Lender City

RALEIGH

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

130000.11

Forgiveness Date

12/30/2020

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