Edwards Oil Inc.

$1,269,000 PPP Loan in Virginia, Minnesota

Loan Details

Loan Number
6930097101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,269,000
Current Approval
$1,220,100
Forgiveness Amount
$1,227,454
Forgiveness Date
Nov 24, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Edwards Oil Inc.
Address
820 Hoover Rd
ZIP Code
55792-2353
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (447110)
Business Age
Existing or more than 2 years old
Jobs Reported
158
Estimated Revenue
$52.9M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$976,080
Rent
$70,000
Utilities
$150,000
Health Care
$24,020

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

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