PPP Loan information for G & m oil co, inc.

$180,678

G & m oil co, inc. was initially approved for PPP Loan of amount $180,678, the current approved amount is $180,678. The loan was approved on 04/13/2020 by The Hometown Bank of Corbin, Inc. d/b/a Hometown Bank reported 9 jobs and $180,678 was used to fund payroll.

G & m oil co, inc. is Existing or more than 2 years old

PPP Loan Search / KY / Barbourville / G & m oil co, inc.

G & M OIL CO, INC.

Date Approved

04/13/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

G & M OIL CO, INC.

Borrower Address

75 Old 25 E

Borrower City

Barbourville

Borrower State

KY

Borrower Zip

40906-2782

Loan Status Date

06/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

180678.05

Current Approval Amount

180678.05

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124504

Servicing Lender Name

Hometown Bank of Corbin, Inc. d/b/a Hometown Bank

Servicing Lender Address

1030 Cumberland Falls Hwy

Servicing Lender City

CORBIN

Servicing Lender State

KY

Servicing Lender Zip

40701-2713

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Barbourville

Project County Name

KNOX

Project State

KY

Project Zip

40906-0001

CD

KY-05

Jobs Reported

9

NAICS Code

424720

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

165678.05

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124504

Originating Lender

Hometown Bank of Corbin, Inc. d/b/a Hometown Bank

Originating Lender City

CORBIN

Originating Lender State

KY

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

182202.68

Forgiveness Date

02/18/2021

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