PPP Loan information for Pearce oil company inc

$24,817

Pearce oil company inc was initially approved for PPP Loan of amount $24,817, the current approved amount is $24,817. The loan was approved on 04/09/2020 by The Benchmark Community Bank reported 5 jobs and $24,817 was used to fund payroll.

Pearce oil company inc is Existing or more than 2 years old

PEARCE OIL COMPANY INC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PEARCE OIL COMPANY INC

Borrower Address

102 MAPLE LN

Borrower City

SOUTH HILL

Borrower State

VA

Borrower Zip

23970-3316

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24816.97

Current Approval Amount

24816.97

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73481

Servicing Lender Name

Benchmark Community Bank

Servicing Lender Address

204 S Broad St

Servicing Lender City

KENBRIDGE

Servicing Lender State

VA

Servicing Lender Zip

23944

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH HILL

Project County Name

MECKLENBURG

Project State

VA

Project Zip

23970-3316

CD

VA-05

Jobs Reported

5

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6204.24

Payroll Proceed

18612.73

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

Subchapter S Corporation

Originating Lender Location Id

73481

Originating Lender

Benchmark Community Bank

Originating Lender City

KENBRIDGE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25058.34

Forgiveness Date

04/06/2021

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