Spess Oil Company

$419,375 PPP Loan in Cleveland, Oklahoma

Loan Details

Loan Number
6997297107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$419,375
Current Approval
$419,375
Forgiveness Amount
$423,994
Forgiveness Date
May 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Spess Oil Company
Address
200 S. Broadway St
ZIP Code
74020-4617
Business Type
Partnership
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (211130)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
OK-03

Loan Use Breakdown

Payroll
$335,502
Utilities
$83,873

Lender Information

Servicing Lender
American Heritage Bank
Originating Lender
American Heritage Bank

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