PPP Loan information for Addington oil corporation

$150,657

Addington oil corporation was initially approved for PPP Loan of amount $150,657, the current approved amount is $150,657. The loan was approved on 04/10/2020 by The The Bank of Marion reported 29 jobs and $150,657 was used to fund payroll.

Addington oil corporation is Existing or more than 2 years old

ADDINGTON OIL CORPORATION

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ADDINGTON OIL CORPORATION

Borrower Address

2154 U.S. Hwy 23N

Borrower City

WEBER CITY

Borrower State

VA

Borrower Zip

24290

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150657.00

Current Approval Amount

150657.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73524

Servicing Lender Name

The Bank of Marion

Servicing Lender Address

102 W Main St

Servicing Lender City

MARION

Servicing Lender State

VA

Servicing Lender Zip

24354-2514

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEBER CITY

Project County Name

SCOTT

Project State

VA

Project Zip

24290-0001

CD

VA-09

Jobs Reported

29

NAICS Code

454310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

30132.00

Payroll Proceed

120525.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73524

Originating Lender

The Bank of Marion

Originating Lender City

MARION

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

152588.71

Forgiveness Date

07/29/2021

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