BELLMAN OIL CO INC (IN) - 2020 PPP Loan Borrower Profile (# 3256388410)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BELLMAN 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 Indiana.

Loan Detail

Loan Number
3256388410
SBA Office Code
0562
Processing Method
PPS
Curent Loan Amount
$415,600
Date Loan was Approved
Feb 4, 2021
Amount Forgiven
$418,555.38
Date Loan was Forgiven
Oct 25, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
415,597
Lender
1st Source Bank

Business Detail

Business Type
Subchapter S Corporation
NAICS
424720
Borrower Location
Bremen, IN
Project Location
Bremen, IN
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
25
Business Age Description
Existing or more than 2 years old
Data Source: SBA.