PPP borrower record
MCDERMOTT OIL CO. PPP loan record
Public SBA PPP loan record for MCDERMOTT OIL CO.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$335,000
Approved amount
$336,042
Forgiven amount
2021-02-12
Date approved
Borrower and loan details
Borrower
MCDERMOTT OIL CO.
Loan number
7458298403
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Cascade
Borrower state
Iowa
Borrower ZIP
52033
Jobs reported
55
Loan status
Paid in Full
Forgiveness date
2021-06-15
Servicing lender
Farmers & Merchants Savings Bank
Originating lender
Farmers & Merchants Savings Bank
Reported use of proceeds
Payroll
$335,000
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.