PPP Loan information for Jackson oil & solvents inc.

$1,071,982

Jackson oil & solvents inc. was initially approved for PPP Loan of amount $1,071,982, the current approved amount is $1,071,982. The loan was approved on 02/07/2021 by The First Merchants Bank reported 75 jobs and $1,071,982 was used to fund payroll.

Jackson oil & solvents inc. is Existing or more than 2 years old

JACKSON OIL & SOLVENTS INC.

Date Approved

02/07/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

JACKSON OIL & SOLVENTS INC.

Borrower Address

1970 Kentucky Ave

Borrower City

Indianapolis

Borrower State

IN

Borrower Zip

46221-1914

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1071982.20

Current Approval Amount

1071982.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Indianapolis

Project County Name

MARION

Project State

IN

Project Zip

46221-1914

CD

IN-07

Jobs Reported

75

NAICS Code

424720

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1071978.20

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1077562.38

Forgiveness Date

08/23/2021

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