PPP Loan information for Planets oil company, llc

$971,300

Planets oil company, llc was initially approved for PPP Loan of amount $971,300, the current approved amount is $971,300. The loan was approved on 04/06/2020 by The Simmons Bank reported 150 jobs and $971,300 was used to fund payroll.

Planets oil company, llc is Existing or more than 2 years old

PLANETS OIL COMPANY, LLC

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

PLANETS OIL COMPANY, LLC

Borrower Address

5101 Northshore Ln

Borrower City

NORTH LITTLE ROCK

Borrower State

AR

Borrower Zip

72118-5315

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

971300.00

Current Approval Amount

971300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH LITTLE ROCK

Project County Name

PULASKI

Project State

AR

Project Zip

72118-5315

CD

AR-02

Jobs Reported

150

NAICS Code

445120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

102900.00

Payroll Proceed

612700.00

Mortgage Interest Proceed

76900.00

Rent Proceed

178800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

980743.19

Forgiveness Date

03/31/2021

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