PPP Loan information for Medders oil company inc.

$253,400

Medders oil company inc. was initially approved for PPP Loan of amount $253,400, the current approved amount is $253,400. The loan was approved on 04/06/2020 by The Prosperity Bank reported 13 jobs and $253,400 was used to fund payroll.

Medders oil company inc. is Existing or more than 2 years old

MEDDERS OIL COMPANY INC.

Date Approved

04/06/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

MEDDERS OIL COMPANY INC.

Borrower Address

4245 Kemp Blvd. Ste. 904

Borrower City

WICHITA FALLS

Borrower State

TX

Borrower Zip

76308-2804

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

253400.00

Current Approval Amount

253400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WICHITA FALLS

Project County Name

WICHITA

Project State

TX

Project Zip

76308-2804

CD

TX-13

Jobs Reported

13

NAICS Code

211111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

253400.00

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

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

255856.57

Forgiveness Date

03/31/2021

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