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King Oil, INC

$69,262 PPP Loan in Walton, Indiana

Loan Details

Loan Number
2780907101
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$69,262
Current Approval
$69,262
Forgiveness Amount
$69,697
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
King Oil, INC
Address
P.o. Box371
City
Walton
State
Indiana
ZIP Code
46994
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IN-02

Loan Use Breakdown

Payroll
$55,410
Rent
$4,617
Utilities
$4,617
Mortgage Interest
$4,617

Lender Information

Servicing Lender
Horizon Bank
Originating Lender
Horizon Bank

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