Arlex Oil Corp

$508,000 PPP Loan in Lexington, Massachusetts

Loan Details

Loan Number
3951238402
Date Approved
Feb 5, 2021
Loan Status
Paid in Full
Initial Approval
$508,000
Current Approval
$508,000
Forgiveness Amount
$510,427
Forgiveness Date
Aug 2, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Arlex Oil Corp
Address
275 Massachusetts Ave
ZIP Code
02420-4017
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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