ECONOMY OIL, INC. is a South Dakota corporation, registered on February 25, 1985. It is based at 1234 N 14TH ST, OAKES, ND, 58474. The company is currently listed as active on the South Dakota register, is registered under company number FB010079 and carries EIN 450321527. Public records for the company include 1 SoS registration, 1 federal contract, 5 loan records and 4 USDOT records. Every fact here is republished from an official public register and traces back to a primary source document.
| Legal entity name | ECONOMY OIL, INC. |
|---|---|
| Principal address | 1234 N 14TH STOAKES58474NDUnited States |
| Registration state | South Dakota |
| Status | Active |
| Formed in | North Dakota (foreign registration) |
| Home company | ECONOMY OIL, INC. · Active |
| Registered | 25 February 1985 (over 41 years ago) |
| Shareholders | GARY SCHNELL, ownerWILFREDO F ALVAREZ, owner |
| Entity type | Corporation |
| Standing | compliant |
| Company number | FB010079 |
| EIN | 450321527 |
|---|
| Employees (modeled) | ≈9 employees2024 |
|---|
| USDOT carrier | USDOT 119825 (+1 more) · 7 power units · 3 drivers · Interstate |
|---|
| Registered agent | STEVE SHANLEY |
|---|
| Source registry | South Dakota Secretary of State · updated 15 June 2026 |
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| Public records | 1 SoS registration |
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| Est. revenue (modeled) | $6.6M2024 |
|---|---|
| Federal contractor | Yes · 1 federal recipient record (SAM) |
| SBA loans | $1.1M · approved amounts |
| State | Business name | Filed | Registered agent | Officers | Status | |
|---|---|---|---|---|---|---|
| South DakotaTHIS | ECONOMY OIL, INC. | 1985-02-25 | STEVE SHANLEY | — | Active | |
Filing ID FB010079 Jurisdiction Foreign · CorporationFormed in North Dakota Principal address 1234 N 14TH ST, OAKES, ND, 58474 Registered agent STEVE SHANLEY13810 394TH AVE, ABERDEEN, SD, 57401-8546 Officers Not reported | ||||||
| North Dakota | ECONOMY OIL, INC. | 1974-06-03 | GARY SCHNELL | — | Active | |
Browse the indexed registries by state, or look up any debtor name free, at UCC lien search.
| State | License / ID | Type | Issued | Status | |
|---|---|---|---|---|---|
| North Dakota | 119825 | Interstate carrier | — | Active | |
| New Jersey | 1596008 | Intrastate carrier (HM) | — | Active | |
| North Dakota | 119825 | Carrier authority (USDOT) | — | Active | |
| New Jersey | 1596008 | Carrier authority (USDOT) | — | Active | |
| Amount | Approved | Lender | Jobs | Status | |
|---|---|---|---|---|---|
| $175,000 | 2002-09-17 | BankNorth | — | P I F | |
| $175,000 | 2001-08-30 | BankNorth | — | P I F | |
| $700,000 | 2001-08-28 | BankNorth | — | P I F | |
| $42,200 | 04/08/2020 | BankNorth | 6 | Paid in Full | |
| $46,000 | 01/16/2021 | BankNorth | 6 | Paid in Full | |
Employee-benefit plan filings by ECONOMY OIL, INC. with the Department of Labor. Employee and revenue figures are modeled estimates derived from retirement-plan participant counts and industry ratios — not official headcount or reported revenue.
| Employees (modeled) | ≈9 · plan year 2024 |
|---|---|
| Est. annual revenue (modeled) | $6.6M |
| Retirement plan assets | $223,916 |
| Benefit plans | No 401(k) on file |
| Filing history | 26 plan years filed, 1999–2024 |
| Sponsor EIN | 45-0321527 |
| Plan year | Employees (est.) | Participants | Plan assets | Revenue (est.) | 401(k) | |
|---|---|---|---|---|---|---|
| 2024 | ≈9 | 8 (8 active) | $223,916 | $6.6M | Pension | |
| 2023 | ≈9 | 8 (8 active) | $196,947 | $7.1M | Pension | |
| 2022 | ≈9 | 8 (8 active) | $158,898 | $6.1M | Pension | |
| 2021 | ≈10 | 9 (9 active) | $181,482 | $6.2M | Pension | |
| 2020 | ≈10 | 9 (9 active) | $158,085 | $6.6M | Pension | |
| 2019 | ≈9 | 8 (8 active) | $128,767 | $5.5M | Pension | |
| 2018 | ≈9 | 8 (8 active) | $103,022 | $4.3M | Pension | |
| 2017 | ≈9 | 12 (8 active) | $108,987 | $4.4M | Pension | |
| 2016 | ≈9 | 10 (8 active) | $96,256 | $6.4M | Pension | |
| 2015 | ≈10 | 11 (9 active) | $90,024 | $7.1M | Pension | |
Federal court records load when you reach this section.
Companies adjacent to ECONOMY OIL, INC. in the South Dakota Secretary of State register, in alphabetical order.
Netstate aggregates public records from federal, state and municipal sources; records are matched to this company by its registered legal names. Latest source snapshot 2026-06-17. Document getpalm-companies/2802-3774-8606.