PPP Loan information for Quality oil company

$434,400

Quality oil company was initially approved for PPP Loan of amount $434,400, the current approved amount is $434,400. The loan was approved on 06/23/2020 by The Lumbee Guaranty Bank reported 38 jobs and $434,400 was used to fund payroll.

Quality oil company is Existing or more than 2 years old

QUALITY OIL COMPANY

Date Approved

06/23/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

QUALITY OIL COMPANY

Borrower Address

203 West Broad Ave

Borrower City

ROCKINGHAM

Borrower State

NC

Borrower Zip

28379-3529

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

434400.00

Current Approval Amount

434400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50946

Servicing Lender Name

Lumbee Guaranty Bank

Servicing Lender Address

403 E 3rd St

Servicing Lender City

PEMBROKE

Servicing Lender State

NC

Servicing Lender Zip

28372-8889

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKINGHAM

Project County Name

RICHMOND

Project State

NC

Project Zip

28379-3529

CD

NC-08

Jobs Reported

38

NAICS Code

424720

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

434400.00

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

50946

Originating Lender

Lumbee Guaranty Bank

Originating Lender City

PEMBROKE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

438565.48

Forgiveness Date

06/11/2021

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