PPP Loan information for Demmer oil company

$165,500

Demmer oil company was initially approved for PPP Loan of amount $165,500, the current approved amount is $165,500. The loan was approved on 04/04/2020 by The Fidelity Bank & Trust reported 13 jobs and $165,500 was used to fund payroll.

Demmer oil company is Existing or more than 2 years old

DEMMER OIL COMPANY

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

DEMMER OIL COMPANY

Borrower Address

2750 332nd Ave PO Box 134

Borrower City

WORTHINGTON

Borrower State

IA

Borrower Zip

52078-8512

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

165500.00

Current Approval Amount

165500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24939

Servicing Lender Name

Fidelity Bank & Trust

Servicing Lender Address

4250 Asbury Rd

Servicing Lender City

DUBUQUE

Servicing Lender State

IA

Servicing Lender Zip

52002-2892

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WORTHINGTON

Project County Name

DUBUQUE

Project State

IA

Project Zip

52078-8512

CD

IA-02

Jobs Reported

13

NAICS Code

424710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7500.00

Payroll Proceed

143000.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24939

Originating Lender

Fidelity Bank & Trust

Originating Lender City

DUBUQUE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

167286.49

Forgiveness Date

05/13/2021

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