PPP Loan information for Schaeffer oil, inc.

$85,400

Schaeffer oil, inc. was initially approved for PPP Loan of amount $85,400, the current approved amount is $85,400. The loan was approved on 04/06/2020 by The First Fidelity Bank reported 16 jobs and $85,400 was used to fund payroll.

Schaeffer oil, inc. is Existing or more than 2 years old

SCHAEFFER OIL, INC.

Date Approved

04/06/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

SCHAEFFER OIL, INC.

Borrower Address

502 E 2ND ST

Borrower City

WINNER

Borrower State

SD

Borrower Zip

57580-1355

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85400.00

Current Approval Amount

85400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66470

Servicing Lender Name

First Fidelity Bank

Servicing Lender Address

745 Main St

Servicing Lender City

BURKE

Servicing Lender State

SD

Servicing Lender Zip

57523-7523

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINNER

Project County Name

TRIPP

Project State

SD

Project Zip

57580-1355

CD

SD-

Jobs Reported

16

NAICS Code

445120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

85400.00

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

66470

Originating Lender

First Fidelity Bank

Originating Lender City

BURKE

Originating Lender State

SD

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

85905.38

Forgiveness Date

11/12/2020

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