PPP Loan information for Waterford oil co. inc

$593,200

Waterford oil co. inc was initially approved for PPP Loan of amount $593,200, the current approved amount is $593,200. The loan was approved on 02/06/2021 by The 1st United Bank reported 32 jobs and $593,200 was used to fund payroll.

Waterford oil co. inc is Existing or more than 2 years old

PPP Loan Search / MN / Northfield / Waterford oil co. inc

WATERFORD OIL CO. INC

Date Approved

02/06/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

WATERFORD OIL CO. INC

Borrower Address

1500 Riverview Dr

Borrower City

Northfield

Borrower State

MN

Borrower Zip

55057-3173

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

593200.00

Current Approval Amount

593200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88765

Servicing Lender Name

1st United Bank

Servicing Lender Address

430 NW Fourth St

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Northfield

Project County Name

RICE

Project State

MN

Project Zip

55057-3173

CD

MN-02

Jobs Reported

32

NAICS Code

424710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

593200.00

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

88765

Originating Lender

1st United Bank

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

596495.56

Forgiveness Date

09/01/2021

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