PPP Loan information for Modern oil company inc

$362,600

Modern oil company inc was initially approved for PPP Loan of amount $362,600, the current approved amount is $362,600. The loan was approved on 04/14/2020 by The Vision Bank reported 64 jobs and $362,600 was used to fund payroll.

Modern oil company inc is Existing or more than 2 years old

PPP Loan Search / OK / SHAWNEE / Modern oil company inc

MODERN OIL COMPANY INC

Date Approved

04/14/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

MODERN OIL COMPANY INC

Borrower Address

39103 MacArthur St

Borrower City

SHAWNEE

Borrower State

OK

Borrower Zip

74804-2481

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

362600.00

Current Approval Amount

362600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58694

Servicing Lender Name

Vision Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

ADA

Servicing Lender State

OK

Servicing Lender Zip

74820-5601

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHAWNEE

Project County Name

POTTAWATOMIE

Project State

OK

Project Zip

74804-2481

CD

OK-05

Jobs Reported

64

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

36260.00

Payroll Proceed

326340.00

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

58694

Originating Lender

Vision Bank

Originating Lender City

ADA

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

367726.76

Forgiveness Date

09/14/2021

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