PPP Loan information for G & b oil company, inc

$1,279,000

G & b oil company, inc was initially approved for PPP Loan of amount $1,480,800, the current approved amount is $1,279,000. The loan was approved on 04/04/2020 by The First Community Bank reported 120 jobs and $1,279,000 was used to fund payroll.

G & b oil company, inc is Existing or more than 2 years old

PPP Loan Search / NC / ELKIN / G & b oil company, inc

G & B OIL COMPANY, INC

Date Approved

04/04/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

G & B OIL COMPANY, INC

Borrower Address

667 NORTH BRIDGE ST

Borrower City

ELKIN

Borrower State

NC

Borrower Zip

28621-3004

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1480800.00

Current Approval Amount

1279000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75351

Servicing Lender Name

First Community Bank

Servicing Lender Address

29 College Dr

Servicing Lender City

BLUEFIELD

Servicing Lender State

VA

Servicing Lender Zip

24605-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELKIN

Project County Name

SURRY

Project State

NC

Project Zip

28621-3004

CD

NC-05

Jobs Reported

120

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1279000.00

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

75351

Originating Lender

First Community Bank

Originating Lender City

BLUEFIELD

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1286496.36

Forgiveness Date

11/23/2020

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