PPP Loan information for Rex oil company inc

$112,893

Rex oil company inc was initially approved for PPP Loan of amount $112,893, the current approved amount is $112,893. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 31 jobs and $112,893 was used to fund payroll.

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

REX OIL COMPANY INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

REX OIL COMPANY INC

Borrower Address

1000 LEXINGTON AVE.

Borrower City

THOMASVILLE

Borrower State

NC

Borrower Zip

27360

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112893.00

Current Approval Amount

112893.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

THOMASVILLE

Project County Name

DAVIDSON

Project State

NC

Project Zip

27360-0001

CD

NC-08

Jobs Reported

31

NAICS Code

445120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

112893.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

114055.95

Forgiveness Date

05/18/2021

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