PPP Loan information for M.g. oil company

$1,130,156

M.g. oil company was initially approved for PPP Loan of amount $1,130,156, the current approved amount is $1,130,156. The loan was approved on 01/27/2021 by The First Interstate Bank reported 180 jobs and $1,130,156 was used to fund payroll.

M.g. oil company is Existing or more than 2 years old

PPP Loan Search / SD / Rapid City / M.g. oil company

M.G. OIL COMPANY

Date Approved

01/27/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

M.G. OIL COMPANY

Borrower Address

1180 Creek Dr

Borrower City

Rapid City

Borrower State

SD

Borrower Zip

57703-4111

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1130156.00

Current Approval Amount

1130156.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rapid City

Project County Name

PENNINGTON

Project State

SD

Project Zip

57703-4111

CD

SD-

Jobs Reported

180

NAICS Code

722410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1130156.00

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

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1136905.97

Forgiveness Date

09/15/2021

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