PPP Loan information for Richards oil co inc

$83,000

Richards oil co inc was initially approved for PPP Loan of amount $83,000, the current approved amount is $83,000. The loan was approved on 04/30/2020 by The First-Citizens Bank & Trust Company reported 6 jobs and $83,000 was used to fund payroll.

Richards oil co inc is New Business or 2 years or less

RICHARDS OIL CO INC

Date Approved

04/30/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RICHARDS OIL CO INC

Borrower Address

2063 NC 39 HWY N

Borrower City

LOUISBURG

Borrower State

NC

Borrower Zip

27549-8336

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83000.00

Current Approval Amount

83000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

LOUISBURG

Project County Name

FRANKLIN

Project State

NC

Project Zip

27549-8336

CD

NC-01

Jobs Reported

6

NAICS Code

424710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

83000.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

83845.92

Forgiveness Date

05/13/2021

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