Meyer Oil Co.

$1,269,400 PPP Loan in Teutopolis, Illinois

Loan Details

Loan Number
4519527002
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$1,269,400
Current Approval
$1,269,400
Forgiveness Amount
$1,283,716
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Meyer Oil Co.
Address
1505 W. Main St.
ZIP Code
62467-1219
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (447110)
Business Age
Existing or more than 2 years old
Jobs Reported
226
Estimated Revenue
$75.6M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$952,050
Utilities
$158,675
Mortgage Interest
$158,675

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank & Trust, National Association

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