PPP Loan information for Majestic oil company inc

$159,960

Majestic oil company inc was initially approved for PPP Loan of amount $159,960, the current approved amount is $159,960. The loan was approved on 02/03/2021 by The Customers Bank reported 13 jobs and $159,960 was used to fund payroll.

Majestic oil company inc is Existing or more than 2 years old

PPP Loan Search / NJ / Cherry Hill / Majestic oil company inc

MAJESTIC OIL COMPANY INC

Date Approved

02/03/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MAJESTIC OIL COMPANY INC

Borrower Address

2104 Fairfax Ave

Borrower City

Cherry Hill

Borrower State

NJ

Borrower Zip

08003-1624

Loan Status Date

08/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

159960.00

Current Approval Amount

159960.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cherry Hill

Project County Name

CAMDEN

Project State

NJ

Project Zip

08003-1624

CD

NJ-01

Jobs Reported

13

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

159959.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

162291.47

Forgiveness Date

08/08/2022

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