PPP Loan information for S&a petroleum inc.

$176,200

S&a petroleum inc. was initially approved for PPP Loan of amount $176,200, the current approved amount is $176,200. The loan was approved on 02/02/2021 by The Merchants Bank, National Association reported 48 jobs and $176,200 was used to fund payroll.

S&a petroleum inc. is Existing or more than 2 years old

S&A PETROLEUM INC.

Date Approved

02/02/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

S&A PETROLEUM INC.

Borrower Address

100 West Sheridan

Borrower City

Lanesboro

Borrower State

MN

Borrower Zip

55949

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

176200.00

Current Approval Amount

176200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lanesboro

Project County Name

FILLMORE

Project State

MN

Project Zip

55949

CD

MN-01

Jobs Reported

48

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

176198.00

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

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

177129.94

Forgiveness Date

08/20/2021

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