PPP Loan information for Townsend oil company, inc

$2,001,275

Townsend oil company, inc was initially approved for PPP Loan of amount $2,001,275, the current approved amount is $2,001,275. The loan was approved on 04/05/2020 by The Manufacturers and Traders Trust Company reported 129 jobs and $2,001,275 was used to fund payroll.

Townsend oil company, inc is Existing or more than 2 years old

TOWNSEND OIL COMPANY, INC

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

TOWNSEND OIL COMPANY, INC

Borrower Address

27 CHERRY STREET

Borrower City

DANVERS

Borrower State

MA

Borrower Zip

01923-2832

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2001275.00

Current Approval Amount

2001275.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DANVERS

Project County Name

ESSEX

Project State

MA

Project Zip

01923-2832

CD

MA-06

Jobs Reported

129

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2001275.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2024906.49

Forgiveness Date

06/23/2021

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