PPP Loan information for Johnson oil company, inc

$207,600

Johnson oil company, inc was initially approved for PPP Loan of amount $207,600, the current approved amount is $207,600. The loan was approved on 04/27/2020 by The United Bank of Iowa reported 20 jobs and $207,600 was used to fund payroll.

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

JOHNSON OIL COMPANY, INC

Date Approved

04/27/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

JOHNSON OIL COMPANY, INC

Borrower Address

960 1ST ST PO BOX 138

Borrower City

BATTLE CREEK

Borrower State

IA

Borrower Zip

51006-7717

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

207600.00

Current Approval Amount

207600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25108

Servicing Lender Name

United Bank of Iowa

Servicing Lender Address

501 2nd St

Servicing Lender City

IDA GROVE

Servicing Lender State

IA

Servicing Lender Zip

51445-1304

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BATTLE CREEK

Project County Name

IDA

Project State

IA

Project Zip

51006-7717

CD

IA-04

Jobs Reported

20

NAICS Code

424710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5282.00

Payroll Proceed

166140.00

Mortgage Interest Proceed

32991.00

Rent Proceed

3187.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25108

Originating Lender

United Bank of Iowa

Originating Lender City

IDA GROVE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

208635.16

Forgiveness Date

11/03/2020

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