PPP Loan information for Mel & sons oil sales inc.

$90,957

Mel & sons oil sales inc. was initially approved for PPP Loan of amount $90,957, the current approved amount is $90,957. The loan was approved on 01/28/2021 by The The Savings Bank reported 6 jobs and $90,957 was used to fund payroll.

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

PPP Loan Search / MA / WAKEFIELD / Mel & sons oil sales inc.

MEL & SONS OIL SALES INC.

Date Approved

01/28/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MEL & SONS OIL SALES INC.

Borrower Address

450 MAIN STREET REAR UNIT C

Borrower City

WAKEFIELD

Borrower State

MA

Borrower Zip

01880

Loan Status Date

02/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

90957.00

Current Approval Amount

90957.00

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

CD

MA-06

Jobs Reported

6

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

90955.00

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

91889.31

Forgiveness Date

02/03/2022

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