PPP Loan information for Oil technology inc

$123,980

Oil technology inc was initially approved for PPP Loan of amount $123,980, the current approved amount is $123,980. The loan was approved on 04/14/2020 by The Providence Bank & Trust reported 13 jobs and $123,980 was used to fund payroll.

Oil technology inc is Existing or more than 2 years old

OIL TECHNOLOGY INC

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

OIL TECHNOLOGY INC

Borrower Address

1203 Sheffield Ave

Borrower City

Dyer

Borrower State

IN

Borrower Zip

46311

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123979.70

Current Approval Amount

123979.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

397957

Servicing Lender Name

Providence Bank & Trust

Servicing Lender Address

630 E 162nd St

Servicing Lender City

SOUTH HOLLAND

Servicing Lender State

IL

Servicing Lender Zip

60473-2328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dyer

Project County Name

LAKE

Project State

IN

Project Zip

46311-0001

CD

IN-01

Jobs Reported

13

NAICS Code

562998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

113308.73

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10670.97

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

397957

Originating Lender

Providence Bank & Trust

Originating Lender City

SOUTH HOLLAND

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

125284.93

Forgiveness Date

05/10/2021

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