PPP Loan information for Parsons oil co inc

$81,250

Parsons oil co inc was initially approved for PPP Loan of amount $81,250, the current approved amount is $81,250. The loan was approved on 04/06/2020 by The Bank of Lincoln County reported 9 jobs and $81,250 was used to fund payroll.

Parsons oil co inc is Existing or more than 2 years old

PPP Loan Search / TN / FAYETTEVILLE / Parsons oil co inc

PARSONS OIL CO INC

Date Approved

04/06/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

PARSONS OIL CO INC

Borrower Address

105 ALGERIA ST

Borrower City

FAYETTEVILLE

Borrower State

TN

Borrower Zip

37334-3401

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81250.00

Current Approval Amount

81250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

263677

Servicing Lender Name

Bank of Lincoln County

Servicing Lender Address

307 E College St

Servicing Lender City

FAYETTEVILLE

Servicing Lender State

TN

Servicing Lender Zip

37334-3005

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAYETTEVILLE

Project County Name

LINCOLN

Project State

TN

Project Zip

37334-3401

CD

TN-04

Jobs Reported

9

NAICS Code

424720

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

65000.00

Mortgage Interest Proceed

8000.00

Rent Proceed

8250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

263677

Originating Lender

Bank of Lincoln County

Originating Lender City

FAYETTEVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

81773.61

Forgiveness Date

12/03/2020

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