United Oil Corporation

$666,800 PPP Loan in Columbia City, Indiana

Loan Details

Loan Number
7362757006
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$666,800
Current Approval
$666,800
Forgiveness Amount
$674,172
Forgiveness Date
May 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
United Oil Corporation
Address
1609 Business 30 East
State
Indiana
ZIP Code
46725-7540
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424710)
Business Age
Existing or more than 2 years old
Jobs Reported
51
Estimated Revenue
$13.1M
Rural/Urban
Rural
Congressional District
IN-03

Loan Use Breakdown

Payroll
$395,781
Rent
$9,400
Utilities
$6,500
Health Care
$104,389
Debt Interest
$150,730

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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