PPP Loan information for R & b oil, inc.

$351,222

R & b oil, inc. was initially approved for PPP Loan of amount $351,222, the current approved amount is $351,222. The loan was approved on 04/09/2020 by The Morris Bank reported 75 jobs and $351,222 was used to fund payroll.

R & b oil, inc. is Existing or more than 2 years old

R & B OIL, INC.

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

R & B OIL, INC.

Borrower Address

2112 HWY 441 South

Borrower City

DUBLIN

Borrower State

GA

Borrower Zip

31021-1712

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

351222.00

Current Approval Amount

351222.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19412

Servicing Lender Name

Morris Bank

Servicing Lender Address

301 Bellevue Ave

Servicing Lender City

DUBLIN

Servicing Lender State

GA

Servicing Lender Zip

31021-6105

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DUBLIN

Project County Name

LAURENS

Project State

GA

Project Zip

31021-1712

CD

GA-12

Jobs Reported

75

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

341194.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10028.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

19412

Originating Lender

Morris Bank

Originating Lender City

DUBLIN

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

343184.03

Forgiveness Date

11/12/2020

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