PPP Loan information for Somont oil co inc

$413,058

Somont oil co inc was initially approved for PPP Loan of amount $413,058, the current approved amount is $413,058. The loan was approved on 04/06/2020 by The The First State Bank of Shelby reported 34 jobs and $413,058 was used to fund payroll.

Somont oil co inc is Existing or more than 2 years old

PPP Loan Search / MT / OILMONT / Somont oil co inc

SOMONT OIL CO INC

Date Approved

04/06/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

SOMONT OIL CO INC

Borrower Address

92 Oilmont Hwy

Borrower City

OILMONT

Borrower State

MT

Borrower Zip

59466-9702

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

413058.32

Current Approval Amount

413058.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42002

Servicing Lender Name

The First State Bank of Shelby

Servicing Lender Address

320 Main St

Servicing Lender City

SHELBY

Servicing Lender State

MT

Servicing Lender Zip

59474-1970

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OILMONT

Project County Name

TOOLE

Project State

MT

Project Zip

59466-9702

CD

MT-02

Jobs Reported

34

NAICS Code

213111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

413058.32

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

42002

Originating Lender

The First State Bank of Shelby

Originating Lender City

SHELBY

Originating Lender State

MT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

415502.63

Forgiveness Date

11/13/2020

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