PPP Loan information for Pallett oil, inc.

$220,900

Pallett oil, inc. was initially approved for PPP Loan of amount $220,900, the current approved amount is $220,900. The loan was approved on 04/14/2020 by The TowneBank reported 21 jobs and $220,900 was used to fund payroll.

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

PPP Loan Search / VA / CHESAPEAKE / Pallett oil, inc.

PALLETT OIL, INC.

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PALLETT OIL, INC.

Borrower Address

3321 Bainbridge Boulevard

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23324

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

220900.00

Current Approval Amount

220900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23324-0001

CD

VA-03

Jobs Reported

21

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

220900.00

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

Subchapter S Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

222808.33

Forgiveness Date

03/02/2021

;