PPP Loan information for Jones oil company inc.

$86,891

Jones oil company inc. was initially approved for PPP Loan of amount $86,891, the current approved amount is $86,891. The loan was approved on 04/09/2020 by The Marion Bank and Trust Company reported 18 jobs and $86,891 was used to fund payroll.

Jones oil company inc. is Existing or more than 2 years old

JONES OIL COMPANY INC.

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

JONES OIL COMPANY INC.

Borrower Address

1627 HIGHLAND AVE

Borrower City

SELMA

Borrower State

AL

Borrower Zip

36701-6610

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86890.52

Current Approval Amount

86890.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2087

Servicing Lender Name

Marion Bank and Trust Company

Servicing Lender Address

601 Washington St

Servicing Lender City

MARION

Servicing Lender State

AL

Servicing Lender Zip

36756-2527

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SELMA

Project County Name

DALLAS

Project State

AL

Project Zip

36701-6610

CD

AL-07

Jobs Reported

18

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

66890.52

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

2087

Originating Lender

Marion Bank and Trust Company

Originating Lender City

MARION

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87542.20

Forgiveness Date

01/12/2021

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