As part of the Paycheck Protection Program NITTANY OIL COMPANY, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

NITTANY OIL COMPANY, INC


Loan Amount	$2,182,800
BusinessName	NITTANY OIL COMPANY, INC
Address	1540 MARTIN ST
City	STATE COLLEGE
State	PA
Zip	16803
NAICSCode	424720
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	231
DateApproved	04/06/2020
Lender	First National Bank of Pennsylvania
CD	PA-12
BusinessName.clean	NITTANY OIL COMPANY

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

NITTERHOUSE CONCRETE PRODUCTS
NITTO BIOPHARMA
NITU SALONS
NITYA SOFTWARE SOLUTIONS
AQUA ENGINEERS