PPP Loan information for Oil equipment company, inc.

$582,539

Oil equipment company, inc. was initially approved for PPP Loan of amount $582,539, the current approved amount is $582,539. The loan was approved on 04/06/2020 by The Bryant Bank reported 44 jobs and $582,539 was used to fund payroll.

Oil equipment company, inc. is Existing or more than 2 years old

PPP Loan Search / AL / TRUSSVILLE / Oil equipment company, inc.

OIL EQUIPMENT COMPANY, INC.

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

OIL EQUIPMENT COMPANY, INC.

Borrower Address

6841 Gadsden HWY

Borrower City

TRUSSVILLE

Borrower State

AL

Borrower Zip

35173-3503

Loan Status Date

06/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

582538.55

Current Approval Amount

582538.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434580

Servicing Lender Name

Bryant Bank

Servicing Lender Address

1550 McFarland Blvd North

Servicing Lender City

TUSCALOOSA

Servicing Lender State

AL

Servicing Lender Zip

35406-2211

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRUSSVILLE

Project County Name

JEFFERSON

Project State

AL

Project Zip

35173-3503

CD

AL-06

Jobs Reported

44

NAICS Code

424710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

582538.55

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

434580

Originating Lender

Bryant Bank

Originating Lender City

TUSCALOOSA

Originating Lender State

AL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

586972.32

Forgiveness Date

01/14/2021

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