PPP Loan information for Rocket oil inc

$165,023

Rocket oil inc was initially approved for PPP Loan of amount $165,023, the current approved amount is $165,023. The loan was approved on 04/03/2021 by The Farmers & Merchants Bank of Long Beach reported 27 jobs and $165,023 was used to fund payroll.

Rocket oil inc is Existing or more than 2 years old

ROCKET OIL INC

Date Approved

04/03/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

ROCKET OIL INC

Borrower Address

3553 Atlantic Ave # 2

Borrower City

Long Beach

Borrower State

CA

Borrower Zip

90807-5606

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

165022.50

Current Approval Amount

165022.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Long Beach

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90807-5606

CD

CA-44

Jobs Reported

27

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

165021.50

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

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

166157.31

Forgiveness Date

12/16/2021

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