PPP Loan information for Addington oil corporation

$158,240

Addington oil corporation was initially approved for PPP Loan of amount $158,240, the current approved amount is $158,240. The loan was approved on 01/30/2021 by The The Bank of Marion reported 28 jobs and $158,240 was used to fund payroll.

Addington oil corporation is Existing or more than 2 years old

PPP Loan Search / VA / Weber City / Addington oil corporation

ADDINGTON OIL CORPORATION

Date Approved

01/30/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ADDINGTON OIL CORPORATION

Borrower Address

2154 US Highway 23 North

Borrower City

Weber City

Borrower State

VA

Borrower Zip

24290-7073

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

158240.00

Current Approval Amount

158240.00

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

Y

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

24290-7073

CD

VA-09

Jobs Reported

28

NAICS Code

445120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

158240.00

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

160268.94

Forgiveness Date

05/18/2022

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