PPP Loan information for Buchanan oil corporation

$231,000

Buchanan oil corporation was initially approved for PPP Loan of amount $231,000, the current approved amount is $231,000. The loan was approved on 04/07/2020 by The The First Bank and Trust Company reported 22 jobs and $231,000 was used to fund payroll.

Buchanan oil corporation is Existing or more than 2 years old

PPP Loan Search / VA / ABINGDON / Buchanan oil corporation

BUCHANAN OIL CORPORATION

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BUCHANAN OIL CORPORATION

Borrower Address

623 WEST MAIN ST

Borrower City

ABINGDON

Borrower State

VA

Borrower Zip

24210-2509

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

231000.00

Current Approval Amount

231000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ABINGDON

Project County Name

WASHINGTON

Project State

VA

Project Zip

24210-2509

CD

VA-09

Jobs Reported

22

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

231000.00

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

Subchapter S Corporation

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

233926.00

Forgiveness Date

07/22/2021

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