PPP Loan information for Rice oil company

$112,500

Rice oil company was initially approved for PPP Loan of amount $112,500, the current approved amount is $112,500. The loan was approved on 04/06/2020 by The Peoples Bank reported 9 jobs and $112,500 was used to fund payroll.

Rice oil company is Existing or more than 2 years old

RICE OIL COMPANY

Date Approved

04/06/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

RICE OIL COMPANY

Borrower Address

677 Miami Street

Borrower City

AKRON

Borrower State

OH

Borrower Zip

44311-1510

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112500.00

Current Approval Amount

112500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AKRON

Project County Name

SUMMIT

Project State

OH

Project Zip

44311-1510

CD

OH-13

Jobs Reported

9

NAICS Code

423840

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

84375.00

Mortgage Interest Proceed

0.00

Rent Proceed

28125.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

113556.25

Forgiveness Date

04/02/2021

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