PPP Loan information for Riggs oil company inc

$894,500

Riggs oil company inc was initially approved for PPP Loan of amount $894,500, the current approved amount is $894,500. The loan was approved on 04/11/2020 by The Truist Bank reported 200 jobs and $894,500 was used to fund payroll.

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

PPP Loan Search / VA / BIG STONE GAP / Riggs oil company inc

RIGGS OIL COMPANY INC

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RIGGS OIL COMPANY INC

Borrower Address

1505 East 1ST AVE

Borrower City

BIG STONE GAP

Borrower State

VA

Borrower Zip

24219-3189

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

894500.00

Current Approval Amount

894500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIG STONE GAP

Project County Name

WISE

Project State

VA

Project Zip

24219-3189

CD

VA-09

Jobs Reported

200

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

894500.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

904289.81

Forgiveness Date

05/27/2021

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