Sappington Crude Oil, INC

$54,400 PPP Loan in West Branch, Michigan

Loan Details

Loan Number
9440967005
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$54,400
Current Approval
$54,400
Forgiveness Amount
$54,805
Forgiveness Date
Jan 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sappington Crude Oil, INC
Address
123 N 6th Street
ZIP Code
48661-1263
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (211120)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-01

Loan Use Breakdown

Payroll
$49,895
Utilities
$940
Health Care
$3,000
Mortgage Interest
$565

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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