Wessels Oil Company, Inc.

$467,320 PPP Loan in Palmer, Iowa

Loan Details

Loan Number
8627877008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$467,320
Current Approval
$467,320
Forgiveness Amount
$470,948
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Wessels Oil Company, Inc.
Address
421 Railroad Ave
City
Palmer
State
Iowa
ZIP Code
50571-0017
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (454310)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$10.8M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$467,320

Lender Information

Servicing Lender
Heartland Bank
Originating Lender
Heartland Bank

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