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OLYMPIC PETROLEUM CORPORATION

Company Details

Entity Name: OLYMPIC PETROLEUM CORPORATION
Jurisdiction: Illinois
Entity Type: Corporation - Domestic BCA
Status: Goodstanding
Date Formed: 25 May 2016
Company Number: CORP_70720124
File Number: 70720124
Type of Business: All Inclusive Purpose
Place of Formation: ILLINOIS

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
OLYMPIC PETROLEUM CORPORATION 401(K) PLAN 2020 813372295 2021-10-15 OLYMPIC PETROLEUM CORPORATION 26
File View Page
Three-digit plan number (PN) 001
Effective date of plan 2016-01-01
Business code 324190
Sponsor’s telephone number 7088767951
Plan sponsor’s address 5000 W. 41ST ST., CICERO, IL, 60804

Signature of

Role Plan administrator
Date 2021-10-15
Name of individual signing YASAR SAMARAH
Valid signature Filed with authorized/valid electronic signature

Agent

Name and Address Role Appointment Date
GREGORY JORDAN, 107 OXFORD AVE, CLARENDON HILLS, 60514, DU PAGE Agent 2021-06-07

President

Name and Address Role
YASAR SAMARAH 1074 W TYALOR STREET CHICAGO ILLINOIS 60607 President

Secretary

Name and Address Role
YASAR SAMARAH 1074 W TAYLOR STREET CHICAGO ILLINOIS 60607 Secretary

Shares

Class Series Voting Rights Authorized Shares Issued Shares Par Value
COMMON No data Voting Rights 10000 1000000 No data

OSHA's Inspections within Industry

Inspection Nr Report ID Date Opened Site Address
347387417 0521700 2024-04-03 5000 W. 41ST STREET, CICERO, IL, 60804
Inspection Type Complaint
Scope Partial
Safety/Health Health
Close Conference 2024-04-03
Case Closed 2024-11-06

Related Activity

Type Complaint
Activity Nr 2147124
Safety Yes
Health Yes

Violation Items

Citation ID 01001
Citaton Type Serious
Standard Cited 19100022 D01
Issuance Date 2024-08-22
Abatement Due Date 2024-10-09
Current Penalty 4000.0
Initial Penalty 8296.0
Final Order 2024-09-16
Nr Instances 2
Nr Exposed 2
Related Event Code (REC) Referral
Gravity 5
FTA Current Penalty 0.0
Citation text line 29 CFR 1910.22(d)(1): The employer did not ensure that walking-working surfaces are inspected, regularly and as necessary, and maintained in a safe condition a) On or about April 03, 2024, the exterior stairways were not maintained in a safe manner as there were various hoses on the steps and the walkway. Employees were?thereby exposed?to hazards?associated with?trips and?falls.
341964500 0521700 2016-12-07 5000 WEST 41ST STREET, CICERO, IL, 60804
Inspection Type Complaint
Scope Partial
Safety/Health Health
Close Conference 2016-12-07
Emphasis L: PIV
Case Closed 2021-06-23

Related Activity

Type Complaint
Activity Nr 1160341
Safety Yes
Health Yes

Violation Items

Citation ID 01001
Citaton Type Serious
Standard Cited 19100151 C
Issuance Date 2017-01-11
Abatement Due Date 2017-03-01
Current Penalty 2862.0
Initial Penalty 2862.0
Final Order 2017-02-07
Nr Instances 2
Nr Exposed 27
Gravity 1
FTA Current Penalty 0.0
Citation text line 29 CFR 1910.151(c): Where employees were exposed to injurious corrosive materials, suitable facilities for quick drenching or flushing of the eyes and body were not provided within the work area for immediate emergency use: a. Production and blending Areas - On or about December 7, 2016, employees were required to work with hazardous chemicals such as corrosive mixtures containing potassium hydroxide (KOH) and facilities for quick drenching or flushing of the eyes were not provided for immediate emergency use. Employees were thereby exposed to serious eye damages. 1. 2nd Floor - Oil Tankers/By Fire Extinguisher # 24 - the bowl type eye wash station showed no water stream/flow through the spray heads when the push-valve was activated. 2. 2nd Floor/Wall Mounted/By the Bradley Wall Signs - the bowl type eye wash station showed weak water stream/flow through the spray heads when the push-valve was activated. In addition, there was no collection tank for used water.
Citation ID 02001
Citaton Type Other
Standard Cited 19100141 D02 II
Issuance Date 2017-01-11
Abatement Due Date 2017-03-01
Current Penalty 0.0
Initial Penalty 0.0
Final Order 2017-02-07
Nr Instances 2
Nr Exposed 27
Related Event Code (REC) Complaint
FTA Current Penalty 0.0
Citation text line 29 CFR 1910.141(d)(2)(ii): Lavatories were not provided with hot and cold, or tepid running water: a. First Floor/Employee's Washroom Facilities - On or about December 7, 2016, the employees required to manufacturer chemical products were not provided with appropriate washing facilities. Employees were thereby exposed to unsanitary conditions. 1. At the first floor/Ladie's washroom - there was only cold - temperature - running water. 2. At the first floor/Men's washroom - there was no running water at all.
Citation ID 02002
Citaton Type Other
Standard Cited 19100176 A
Issuance Date 2017-01-11
Abatement Due Date 2017-03-01
Current Penalty 0.0
Initial Penalty 0.0
Final Order 2017-02-07
Nr Instances 2
Nr Exposed 27
Related Event Code (REC) Complaint
FTA Current Penalty 0.0
Citation text line 29 CFR 1910.176(a): Aisle(s) or passageway(s) were not kept in good repair: a. Production Floors - On or about December 7, 2016, the employer had areas assignated for employees (pedestrians) to walk among aisles for powered industrial trucks and floor markings were not kept visible and in clear conditions. Employees were thereby exposed to potential struck by hazards. 1. At the first floor/By the U.S.A. flag's door - the pedestrians aisles were not kept visible. 2. At the first floor/By the clock's wall entrance door - the pedestrians aisles were not kept visible.

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
3003587101 2020-04-11 0507 PPP 5000 West 41ST ST, CICERO, IL, 60804-4524
Loan Status Date 2021-07-07
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 485505
Loan Approval Amount (current) 485505
Undisbursed Amount 0
Franchise Name -
Lender Location ID 88833
Servicing Lender Name Axiom Bank, National Association
Servicing Lender Address 258 Southhall Ln, MAITLAND, FL, 32751-7449
Rural or Urban Indicator U
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address CICERO, COOK, IL, 60804-4524
Project Congressional District IL-04
Number of Employees 62
NAICS code 324191
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 88833
Originating Lender Name Axiom Bank, National Association
Originating Lender Address MAITLAND, FL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 491078.33
Forgiveness Paid Date 2021-06-15
8012578306 2021-01-29 0507 PPS 5000 W 41st St, Cicero, IL, 60804-4524
Loan Status Date 2022-01-14
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 485505
Loan Approval Amount (current) 485505
Undisbursed Amount 0
Franchise Name -
Lender Location ID 88833
Servicing Lender Name Axiom Bank, National Association
Servicing Lender Address 258 Southhall Ln, MAITLAND, FL, 32751-7449
Rural or Urban Indicator U
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Cicero, COOK, IL, 60804-4524
Project Congressional District IL-04
Number of Employees 49
NAICS code 324191
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 88833
Originating Lender Name Axiom Bank, National Association
Originating Lender Address MAITLAND, FL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 489588.56
Forgiveness Paid Date 2021-12-07

Date of last update: 10 Mar 2025

Sources: Illinois Office of the Secretary of State