PPP Loan information for Best wade petroleum inc

$487,612

Best wade petroleum inc was initially approved for PPP Loan of amount $487,612, the current approved amount is $487,612. The loan was approved on 04/04/2020 by The Decatur County Bank reported 48 jobs and $487,612 was used to fund payroll.

Best wade petroleum inc is Existing or more than 2 years old

PPP Loan Search / TN / RIPLEY / Best wade petroleum inc

BEST WADE PETROLEUM INC

Date Approved

04/04/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

BEST WADE PETROLEUM INC

Borrower Address

201 DODGE DR

Borrower City

RIPLEY

Borrower State

TN

Borrower Zip

38063-8073

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

487612.00

Current Approval Amount

487612.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66917

Servicing Lender Name

Decatur County Bank

Servicing Lender Address

56 N Pleasant St

Servicing Lender City

DECATURVILLE

Servicing Lender State

TN

Servicing Lender Zip

38329-4083

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RIPLEY

Project County Name

LAUDERDALE

Project State

TN

Project Zip

38063-8073

CD

TN-08

Jobs Reported

48

NAICS Code

424720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

449354.00

Mortgage Interest Proceed

4258.00

Rent Proceed

32000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66917

Originating Lender

Decatur County Bank

Originating Lender City

DECATURVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

495698.23

Forgiveness Date

11/23/2021

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