PPP Loan information for Mel & sons oil sales, inc.

$90,900

Mel & sons oil sales, inc. was initially approved for PPP Loan of amount $99,000, the current approved amount is $90,900. The loan was approved on 04/11/2020 by The The Savings Bank reported 6 jobs and $90,900 was used to fund payroll.

Mel & sons oil sales, inc. is Existing or more than 2 years old

MEL & SONS OIL SALES, INC.

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MEL & SONS OIL SALES, INC.

Borrower Address

450 Main Street Rear Unit C

Borrower City

WAKEFIELD

Borrower State

MA

Borrower Zip

01880-3320

Loan Status Date

03/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99000.00

Current Approval Amount

90900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33385

Servicing Lender Name

The Savings Bank

Servicing Lender Address

357 Main St

Servicing Lender City

WAKEFIELD

Servicing Lender State

MA

Servicing Lender Zip

01880-5027

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAKEFIELD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01880-3320

CD

MA-06

Jobs Reported

6

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90900.00

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

33385

Originating Lender

The Savings Bank

Originating Lender City

WAKEFIELD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

91713.05

Forgiveness Date

03/05/2021

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