PPP Loan information for Lipscomb oil company, inc.

$546,257

Lipscomb oil company, inc. was initially approved for PPP Loan of amount $546,200, the current approved amount is $546,257. The loan was approved on 04/03/2020 by The Guaranty Bank & Trust Company reported 129 jobs and $546,257 was used to fund payroll.

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

PPP Loan Search / MS / GREENVILLE / Lipscomb oil company, inc.

LIPSCOMB OIL COMPANY, INC.

Date Approved

04/03/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

LIPSCOMB OIL COMPANY, INC.

Borrower Address

1010 N. Broadway

Borrower City

GREENVILLE

Borrower State

MS

Borrower Zip

38701

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

546200.00

Current Approval Amount

546257.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39146

Servicing Lender Name

Guaranty Bank & Trust Company

Servicing Lender Address

210 Hayden St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3636

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GREENVILLE

Project County Name

WASHINGTON

Project State

MS

Project Zip

38701-1901

CD

MS-02

Jobs Reported

129

NAICS Code

424720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

53974.00

Payroll Proceed

454283.00

Mortgage Interest Proceed

0.00

Rent Proceed

38000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39146

Originating Lender

Guaranty Bank & Trust Company

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

549923.66

Forgiveness Date

12/10/2020

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