HILLSIDE OIL CO INC (DE) - 2020 PPP Loan Borrower Profile (# 2879967108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to HILLSIDE OIL CO INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Delaware.

Loan Detail

Loan Number

2879967108

SBA Office Code

0341

Processing Method

PPP

Curent Loan Amount

$348,730

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$351,051.68

Date Loan was Forgiven

Dec 21, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

316,418

Rent Proceed

20,000

Health Care Proceed

12,312

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Corporation

NAICS

454310

Borrower Location

NEWARK, DE

Project Location

NEWARK, DE

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.