PPP Loan information for Emerson oil, inc.

$19,800

Emerson oil, inc. was initially approved for PPP Loan of amount $19,800, the current approved amount is $19,800. The loan was approved on 04/28/2020 by The Salem Five Cents Savings Bank reported 1 jobs and $19,800 was used to fund payroll.

Emerson oil, inc. is New Business or 2 years or less

EMERSON OIL, INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

EMERSON OIL, INC.

Borrower Address

14 PARISH RD

Borrower City

GEORGETOWN

Borrower State

MA

Borrower Zip

01833-1226

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19800.00

Current Approval Amount

19800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GEORGETOWN

Project County Name

ESSEX

Project State

MA

Project Zip

01833-1226

CD

MA-06

Jobs Reported

1

NAICS Code

454310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

19800.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

19939.70

Forgiveness Date

01/11/2021

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