PPP Loan information for Raeford oil company, incorporated

$127,372

Raeford oil company, incorporated was initially approved for PPP Loan of amount $127,372, the current approved amount is $127,372. The loan was approved on 05/08/2020 by The Lumbee Guaranty Bank reported 13 jobs and $127,372 was used to fund payroll.

Raeford oil company, incorporated is Existing or more than 2 years old

PPP Loan Search / NC / RAEFORD / Raeford oil company, incorporated

RAEFORD OIL COMPANY, INCORPORATED

Date Approved

05/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RAEFORD OIL COMPANY, INCORPORATED

Borrower Address

609 W. Prospect Ave

Borrower City

RAEFORD

Borrower State

NC

Borrower Zip

28376

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127372.00

Current Approval Amount

127372.00

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

RAEFORD

Project County Name

HOKE

Project State

NC

Project Zip

28376-0001

CD

NC-09

Jobs Reported

13

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

127372.00

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

128146.70

Forgiveness Date

12/22/2020

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