PPP Loan information for Sherman heating oils

$244,030

Sherman heating oils was initially approved for PPP Loan of amount $244,030, the current approved amount is $244,030. The loan was approved on 04/14/2020 by The Community Bank Delaware reported 20 jobs and $244,030 was used to fund payroll.

Sherman heating oils is Existing or more than 2 years old

SHERMAN HEATING OILS

Date Approved

04/14/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

SHERMAN HEATING OILS

Borrower Address

223 MILTON ELLENDALE HWY

Borrower City

MILTON

Borrower State

DE

Borrower Zip

19968-1554

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

244030.27

Current Approval Amount

244030.27

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

441170

Servicing Lender Name

Community Bank Delaware

Servicing Lender Address

16982 Kings Hwy

Servicing Lender City

LEWES

Servicing Lender State

DE

Servicing Lender Zip

19958-4785

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILTON

Project County Name

SUSSEX

Project State

DE

Project Zip

19968-1554

CD

DE-

Jobs Reported

20

NAICS Code

424720

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

244030.27

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

441170

Originating Lender

Community Bank Delaware

Originating Lender City

LEWES

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

246423.12

Forgiveness Date

04/13/2021

;