PPP Loan information for Shoco oil inc

$878,600

Shoco oil inc was initially approved for PPP Loan of amount $878,600, the current approved amount is $878,600. The loan was approved on 04/09/2020 by The KeyBank National Association reported 51 jobs and $878,600 was used to fund payroll.

Shoco oil inc is Existing or more than 2 years old

SHOCO OIL INC

Date Approved

04/09/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

SHOCO OIL INC

Borrower Address

725 South Main Street

Borrower City

BRIGHTON

Borrower State

CO

Borrower Zip

80601-3047

Loan Status Date

06/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

878600.00

Current Approval Amount

878600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BRIGHTON

Project County Name

ADAMS

Project State

CO

Project Zip

80601-3047

CD

CO-08

Jobs Reported

51

NAICS Code

424720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

878600.00

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

Corporation

Originating Lender Location Id

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

888421.06

Forgiveness Date

05/27/2021

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