PPP Loan information for Rachles michele oil co inc

$233,335

Rachles michele oil co inc was initially approved for PPP Loan of amount $233,335, the current approved amount is $233,335. The loan was approved on 05/01/2020 by The TD Bank, National Association reported 12 jobs and $233,335 was used to fund payroll.

Rachles michele oil co inc is Existing or more than 2 years old

RACHLES MICHELE OIL CO INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RACHLES MICHELE OIL CO INC

Borrower Address

116 KULLER ROAD

Borrower City

CLIFTON

Borrower State

NJ

Borrower Zip

07011

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

233335.00

Current Approval Amount

233335.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLIFTON

Project County Name

PASSAIC

Project State

NJ

Project Zip

07011-1000

CD

NJ-09

Jobs Reported

12

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

233335.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

236491.50

Forgiveness Date

09/13/2021

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