Lanman Oil Company, Inc.

$352,400 PPP Loan in Mattoon, Illinois

Loan Details

Loan Number
4863177003
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$352,400
Current Approval
$352,400
Forgiveness Amount
$354,769
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lanman Oil Company, Inc.
Address
10943 Ecr 900n
ZIP Code
61938-1111
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (447110)
Franchise
Am/pm Mini-Mart Agreement - Arco Fuel - Contract Dealer Gasoline Agreement (bp West Coast Products)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$16.1M
Rural/Urban
Urban
Congressional District
IL-15

Loan Use Breakdown

Payroll
$264,300
Rent
$44,050
Utilities
$44,050

Lender Information

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

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