PPP Loan information for New england oil co inc

$618,050

New england oil co inc was initially approved for PPP Loan of amount $618,050, the current approved amount is $618,050. The loan was approved on 03/30/2021 by The The First Bank of Greenwich reported 50 jobs and $618,050 was used to fund payroll.

New england oil co inc is Existing or more than 2 years old

PPP Loan Search / CT / Greenwich / New england oil co inc

NEW ENGLAND OIL CO INC

Date Approved

03/30/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

NEW ENGLAND OIL CO INC

Borrower Address

469 W Putnam Ave

Borrower City

Greenwich

Borrower State

CT

Borrower Zip

06830-6895

Loan Status Date

06/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

618050.00

Current Approval Amount

618050.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

445024

Servicing Lender Name

The First Bank of Greenwich

Servicing Lender Address

444 E Putnam Ave

Servicing Lender City

COS COB

Servicing Lender State

CT

Servicing Lender Zip

06807-2577

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Greenwich

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06830-6895

CD

CT-04

Jobs Reported

50

NAICS Code

454310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

618048.00

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

445024

Originating Lender

The First Bank of Greenwich

Originating Lender City

COS COB

Originating Lender State

CT

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

625060.21

Forgiveness Date

05/25/2022

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