Demmer Oil Company

$165,500 PPP Loan in Worthington, Iowa

Loan Details

Loan Number
5016187010
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$165,500
Current Approval
$165,500
Forgiveness Amount
$167,286
Forgiveness Date
May 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Demmer Oil Company
Address
2750 332nd Ave Po Box 134
State
Iowa
ZIP Code
52078-8512
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424710)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$143,000
Rent
$8,000
Utilities
$7,500
Health Care
$7,000

Lender Information

Servicing Lender
Fidelity Bank & Trust
Originating Lender
Fidelity Bank & Trust

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