PPP Loan information for Major brands oil company, inc.

$388,400

Major brands oil company, inc. was initially approved for PPP Loan of amount $388,400, the current approved amount is $388,400. The loan was approved on 04/03/2020 by The Macatawa Bank reported 25 jobs and $388,400 was used to fund payroll.

Major brands oil company, inc. is Existing or more than 2 years old

PPP Loan Search / MI / HOLLAND / Major brands oil company, inc.

MAJOR BRANDS OIL COMPANY, INC.

Date Approved

04/03/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MAJOR BRANDS OIL COMPANY, INC.

Borrower Address

462 W 23RD ST

Borrower City

HOLLAND

Borrower State

MI

Borrower Zip

49423-4022

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

388400.00

Current Approval Amount

388400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOLLAND

Project County Name

OTTAWA

Project State

MI

Project Zip

49423-4022

CD

MI-02

Jobs Reported

25

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

388400.00

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

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

392092.46

Forgiveness Date

03/29/2021

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