ABEL OIL CO., INC. (MO) - 2020 PPP Loan Borrower Profile (# 6012947010)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABEL 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 Missouri.

Loan Detail

Loan Number

6012947010

SBA Office Code

0768

Processing Method

PPP

Curent Loan Amount

$1,480,000

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$1,491,716.67

Date Loan was Forgiven

Jan 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

1,480,000

Lender

HNB National Bank

Business Detail

Business Type

Corporation

NAICS

424720

Borrower Location

LOUISIANA, MO

Project Location

LOUISIANA, MO

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

186

Business Age Description

Existing or more than 2 years old

Data Source: SBA.