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Huels Oil Company

$413,607 PPP Loan in Carlyle, Illinois

Loan Details

Loan Number
4380667101
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$413,607
Current Approval
$413,607
Forgiveness Amount
$417,301
Forgiveness Date
Mar 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Huels Oil Company
Address
16320 Old U.s. Hwy 50
City
Carlyle
State
Illinois
ZIP Code
62231
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (454310)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$7.6M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$392,927
Rent
$10,340
Utilities
$10,340

Lender Information

Servicing Lender
Midland States Bank
Originating Lender
Midland States Bank

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