PPP Loan information for Chief oil distributing co.

$66,828

Chief oil distributing co. was initially approved for PPP Loan of amount $66,828, the current approved amount is $66,828. The loan was approved on 02/04/2021 by The Gogebic Range Bank reported 14 jobs and $66,828 was used to fund payroll.

Chief oil distributing co. is Existing or more than 2 years old

PPP Loan Search / MI / Ironwood / Chief oil distributing co.

CHIEF OIL DISTRIBUTING CO.

Date Approved

02/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CHIEF OIL DISTRIBUTING CO.

Borrower Address

100 E Aurora St

Borrower City

Ironwood

Borrower State

MI

Borrower Zip

49938-2110

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

66828.00

Current Approval Amount

66828.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262597

Servicing Lender Name

Gogebic Range Bank

Servicing Lender Address

155 E Cloverland Dr

Servicing Lender City

IRONWOOD

Servicing Lender State

MI

Servicing Lender Zip

49938-1227

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ironwood

Project County Name

GOGEBIC

Project State

MI

Project Zip

49938-2110

CD

MI-01

Jobs Reported

14

NAICS Code

424720

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

66827.00

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

262597

Originating Lender

Gogebic Range Bank

Originating Lender City

IRONWOOD

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

67133.76

Forgiveness Date

07/23/2021

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