PPP Loan information for Moreland oil co.

$190,500

Moreland oil co. was initially approved for PPP Loan of amount $190,500, the current approved amount is $190,500. The loan was approved on 04/29/2020 by The Citizens Bank reported 10 jobs and $190,500 was used to fund payroll.

Moreland oil co. is Unanswered

PPP Loan Search / OR / MCMINNVILLE / Moreland oil co.

MORELAND OIL CO.

Date Approved

04/29/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

MORELAND OIL CO.

Borrower Address

1700 NE Lafayette Ave

Borrower City

MCMINNVILLE

Borrower State

OR

Borrower Zip

97128

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

190500.00

Current Approval Amount

190500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59564

Servicing Lender Name

Citizens Bank

Servicing Lender Address

275 SW 3rd St

Servicing Lender City

Corvallis

Servicing Lender State

OR

Servicing Lender Zip

97339

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

MCMINNVILLE

Project County Name

YAMHILL

Project State

OR

Project Zip

97128-0001

CD

OR-06

Jobs Reported

10

NAICS Code

424710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

190500.00

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

59564

Originating Lender

Citizens Bank

Originating Lender City

Corvallis

Originating Lender State

OR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

191468.38

Forgiveness Date

11/05/2020

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