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Folk Oil Company Inc.

$1,245,000 PPP Loan in Homer, Michigan

Loan Details

Loan Number
4195988402
Date Approved
Feb 6, 2021
Loan Status
Paid in Full
Initial Approval
$1,245,000
Current Approval
$1,245,000
Forgiveness Amount
$1,250,628
Forgiveness Date
Jul 26, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Folk Oil Company Inc.
Address
203 W Main St
City
Homer
State
Michigan
ZIP Code
49245-1045
Business Type
Corporation
Industry (NAICS)
Retail Trade (445120)
Business Age
Existing or more than 2 years old
Jobs Reported
242
Estimated Revenue
$60.4M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$1,244,997
Utilities
$1

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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