Modern Oil Company INC

$362,600 PPP Loan in Shawnee, Oklahoma

Loan Details

Loan Number
7302817107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$362,600
Current Approval
$362,600
Forgiveness Amount
$367,727
Forgiveness Date
Sep 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Modern Oil Company INC
Address
39103 Macarthur St
ZIP Code
74804-2481
Business Type
Corporation
Industry (NAICS)
Retail Trade (447110)
Business Age
Existing or more than 2 years old
Jobs Reported
64
Estimated Revenue
$21.4M
Rural/Urban
Rural
Congressional District
OK-05

Loan Use Breakdown

Payroll
$326,340
Utilities
$36,260

Lender Information

Servicing Lender
Vision Bank
Originating Lender
Vision Bank

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