Arlex Oil Corporation

$513,700 PPP Loan in Lexington, Massachusetts

Loan Details

Loan Number
1575807102
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$513,700
Current Approval
$508,000
Forgiveness Amount
$513,757
Forgiveness Date
Jun 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Arlex Oil Corporation
Address
275 Massachusetts Ave
ZIP Code
02420-4088
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (454310)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$11.0M
Rural/Urban
Urban
Congressional District
MA-05

Loan Use Breakdown

Payroll
$508,000

Lender Information

Servicing Lender
Salem Five Cents Savings Bank
Originating Lender
Salem Five Cents Savings Bank

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