PPP Loan information for Hanco oil, inc.

$72,600

Hanco oil, inc. was initially approved for PPP Loan of amount $72,600, the current approved amount is $72,600. The loan was approved on 04/11/2020 by The The Peoples Bank reported 9 jobs and $72,600 was used to fund payroll.

Hanco oil, inc. is Existing or more than 2 years old

PPP Loan Search / AR / MAGNOLIA / Hanco oil, inc.

HANCO OIL, INC.

Date Approved

04/11/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

HANCO OIL, INC.

Borrower Address

701 East Main Street

Borrower City

MAGNOLIA

Borrower State

AR

Borrower Zip

71753-3730

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72600.00

Current Approval Amount

72600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4825

Servicing Lender Name

The Peoples Bank

Servicing Lender Address

500 N Jackson

Servicing Lender City

MAGNOLIA

Servicing Lender State

AR

Servicing Lender Zip

71753-2916

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MAGNOLIA

Project County Name

COLUMBIA

Project State

AR

Project Zip

71753-3730

CD

AR-04

Jobs Reported

9

NAICS Code

811191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

72600.00

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

Subchapter S Corporation

Originating Lender Location Id

4825

Originating Lender

The Peoples Bank

Originating Lender City

MAGNOLIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73081.35

Forgiveness Date

12/10/2020

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