Skoglund Oil Company INC

$443,400 PPP Loan in New Richmond, Wisconsin

Loan Details

Loan Number
7517517010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$443,400
Current Approval
$443,400
Forgiveness Amount
$446,430
Forgiveness Date
Dec 21, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Skoglund Oil Company INC
Address
1985 145th Street
ZIP Code
54017-7217
Business Type
Corporation
Industry (NAICS)
Retail Trade (447110)
Business Age
New Business or 2 years or less
Jobs Reported
53
Estimated Revenue
$17.7M
Rural/Urban
Rural
Congressional District
WI-07

Loan Use Breakdown

Payroll
$332,550
Rent
$27,713
Utilities
$27,713
Health Care
$27,713
Mortgage Interest
$27,713

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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