PPP Loan information for Laredo oil inc

$1,233,656

Laredo oil inc was initially approved for PPP Loan of amount $1,233,656, the current approved amount is $1,233,656. The loan was approved on 04/28/2020 by The First Horizon Bank reported 40 jobs and $1,233,656 was used to fund payroll.

Laredo oil inc is Existing or more than 2 years old

LAREDO OIL INC

Date Approved

04/28/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

LAREDO OIL INC

Borrower Address

100 N RUBEY DRIVE STE 120

Borrower City

GOLDEN

Borrower State

CO

Borrower Zip

80403

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

1233656.00

Current Approval Amount

1233656.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GOLDEN

Project County Name

JEFFERSON

Project State

CO

Project Zip

80403-0100

CD

CO-07

Jobs Reported

40

NAICS Code

211130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1233656.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1224629.28

Forgiveness Date

07/20/2021

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