PPP Loan information for Litco petroleum, inc

$64,265

Litco petroleum, inc was initially approved for PPP Loan of amount $64,265, the current approved amount is $64,265. The loan was approved on 04/04/2020 by The Decatur County Bank reported 6 jobs and $64,265 was used to fund payroll.

Litco petroleum, inc is Existing or more than 2 years old

PPP Loan Search / MS / CORINTH / Litco petroleum, inc

LITCO PETROLEUM, INC

Date Approved

04/04/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

LITCO PETROLEUM, INC

Borrower Address

323 Hwy 72 W

Borrower City

CORINTH

Borrower State

MS

Borrower Zip

38834-5408

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64265.00

Current Approval Amount

64265.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66917

Servicing Lender Name

Decatur County Bank

Servicing Lender Address

56 N Pleasant St

Servicing Lender City

DECATURVILLE

Servicing Lender State

TN

Servicing Lender Zip

38329-4083

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORINTH

Project County Name

ALCORN

Project State

MS

Project Zip

38834-5408

CD

MS-01

Jobs Reported

6

NAICS Code

447190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1771.00

Payroll Proceed

55574.00

Mortgage Interest Proceed

0.00

Rent Proceed

6920.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66917

Originating Lender

Decatur County Bank

Originating Lender City

DECATURVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

58614.59

Forgiveness Date

11/09/2020

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