PPP Loan information for Edwards oil inc.

$1,220,100

Edwards oil inc. was initially approved for PPP Loan of amount $1,269,000, the current approved amount is $1,220,100. The loan was approved on 04/14/2020 by The Park State Bank reported 158 jobs and $1,220,100 was used to fund payroll.

Edwards oil inc. is Existing or more than 2 years old

PPP Loan Search / MN / VIRGINIA / Edwards oil inc.

EDWARDS OIL INC.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

EDWARDS OIL INC.

Borrower Address

820 HOOVER RD

Borrower City

VIRGINIA

Borrower State

MN

Borrower Zip

55792-2353

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1269000.00

Current Approval Amount

1220100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VIRGINIA

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55792-2353

CD

MN-08

Jobs Reported

158

NAICS Code

447110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

150000.00

Payroll Proceed

976080.00

Mortgage Interest Proceed

0.00

Rent Proceed

70000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

24020.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1227454.49

Forgiveness Date

11/24/2020

;