PPP Loan information for Wesco oil, inc

$310,356

Wesco oil, inc was initially approved for PPP Loan of amount $310,356, the current approved amount is $310,356. The loan was approved on 04/08/2020 by The Navigant CU reported 20 jobs and $310,356 was used to fund payroll.

Wesco oil, inc is Existing or more than 2 years old

WESCO OIL, INC

Date Approved

04/08/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

WESCO OIL, INC

Borrower Address

307 FARNUM PIKE

Borrower City

SMITHFIELD

Borrower State

RI

Borrower Zip

02917-1205

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

310356.00

Current Approval Amount

310356.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

104771

Servicing Lender Name

Navigant CU

Servicing Lender Address

1005 Douglas Pike

Servicing Lender City

SMITHFIELD

Servicing Lender State

RI

Servicing Lender Zip

02917-1206

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SMITHFIELD

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02917-1205

CD

RI-01

Jobs Reported

20

NAICS Code

454310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

38794.00

Payroll Proceed

232768.00

Mortgage Interest Proceed

0.00

Rent Proceed

38794.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

104771

Originating Lender

Navigant CU

Originating Lender City

SMITHFIELD

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

312950.92

Forgiveness Date

02/16/2021

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