PPP Loan information for Stern oil company inc

$860,939

Stern oil company inc was initially approved for PPP Loan of amount $860,939, the current approved amount is $860,939. The loan was approved on 02/20/2021 by The The First National Bank in Sioux Falls reported 98 jobs and $860,939 was used to fund payroll.

Stern oil company inc is Existing or more than 2 years old

PPP Loan Search / SD / Freeman / Stern oil company inc

STERN OIL COMPANY INC

Date Approved

02/20/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

STERN OIL COMPANY INC

Borrower Address

27923 US Highway 81

Borrower City

Freeman

Borrower State

SD

Borrower Zip

57029-6741

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

860939.42

Current Approval Amount

860939.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66602

Servicing Lender Name

The First National Bank in Sioux Falls

Servicing Lender Address

100 S Phillips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6745

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Freeman

Project County Name

HUTCHINSON

Project State

SD

Project Zip

57029-6741

CD

SD-

Jobs Reported

98

NAICS Code

424720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

860937.42

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

66602

Originating Lender

The First National Bank in Sioux Falls

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

868157.16

Forgiveness Date

12/28/2021

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