Pohl Oil Company

$303,100 PPP Loan in Westphalia, Michigan

Loan Details

Loan Number
4628667106
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$303,100
Current Approval
$303,100
Forgiveness Amount
$305,693
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Pohl Oil Company
Address
305 S Westphalia Street
ZIP Code
48894-9840
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$5.1M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$259,344
Rent
$12,000
Utilities
$5,746
Health Care
$26,010

Lender Information

Servicing Lender
Union Bank
Originating Lender
Union Bank

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