PPP Loan information for Olympic oil company

$476,800

Olympic oil company was initially approved for PPP Loan of amount $476,800, the current approved amount is $476,800. The loan was approved on 04/29/2020 by The Peach State Bank and Trust reported 58 jobs and $476,800 was used to fund payroll.

Olympic oil company is Existing or more than 2 years old

OLYMPIC OIL COMPANY

Date Approved

04/29/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

OLYMPIC OIL COMPANY

Borrower Address

476 MORENO ST

Borrower City

GAINESVILLE

Borrower State

GA

Borrower Zip

30501-6925

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

476800.00

Current Approval Amount

476800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434107

Servicing Lender Name

Peach State Bank and Trust

Servicing Lender Address

121 EE Butler Pkwy

Servicing Lender City

Gainesville

Servicing Lender State

GA

Servicing Lender Zip

30501

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GAINESVILLE

Project County Name

HALL

Project State

GA

Project Zip

30501-6925

CD

GA-09

Jobs Reported

58

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

476800.00

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

434107

Originating Lender

Peach State Bank and Trust

Originating Lender City

Gainesville

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

479250.22

Forgiveness Date

11/03/2020

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