The Oil Exchange Incorporated

$198,000 PPP Loan in Crown Point, Indiana

Loan Details

Loan Number
3506827201
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$198,000
Current Approval
$198,000
Forgiveness Amount
$199,485
Forgiveness Date
Feb 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Oil Exchange Incorporated
Address
1498 1/2 Main St
State
Indiana
ZIP Code
46307-2302
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811191)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$5.1M
Rural/Urban
Urban
Congressional District
IN-01

Loan Use Breakdown

Payroll
$168,300
Rent
$19,800
Utilities
$9,900

Lender Information

Servicing Lender
American Community Bank of Indiana
Originating Lender
American Community Bank of Indiana

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