PPP Loan information for Marcum oil company inc.

$121,400

Marcum oil company inc. was initially approved for PPP Loan of amount $121,400, the current approved amount is $121,400. The loan was approved on 01/29/2021 by The Powell Valley National Bank reported 11 jobs and $121,400 was used to fund payroll.

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

MARCUM OIL COMPANY INC.

Date Approved

01/29/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MARCUM OIL COMPANY INC.

Borrower Address

27288 Wilderness Rd

Borrower City

Jonesville

Borrower State

VA

Borrower Zip

24263-7111

Loan Status Date

08/26/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

121400.00

Current Approval Amount

121400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73477

Servicing Lender Name

Powell Valley National Bank

Servicing Lender Address

33785 Main St

Servicing Lender City

JONESVILLE

Servicing Lender State

VA

Servicing Lender Zip

24263

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Jonesville

Project County Name

LEE

Project State

VA

Project Zip

24263-7111

CD

VA-09

Jobs Reported

11

NAICS Code

213112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

121398.00

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

73477

Originating Lender

Powell Valley National Bank

Originating Lender City

JONESVILLE

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

122051.90

Forgiveness Date

08/23/2021

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