PPP Loan information for Rk allen oil co inc

$455,000

Rk allen oil co inc was initially approved for PPP Loan of amount $1,064,000, the current approved amount is $455,000. The loan was approved on 05/01/2020 by The Regions Bank reported 159 jobs and $455,000 was used to fund payroll.

Rk allen oil co inc is Existing or more than 2 years old

RK ALLEN OIL CO INC

Date Approved

05/01/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

RK ALLEN OIL CO INC

Borrower Address

36002 AL HWY 21

Borrower City

TALLADEGA

Borrower State

AL

Borrower Zip

35160-4525

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1064000.00

Current Approval Amount

455000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TALLADEGA

Project County Name

TALLADEGA

Project State

AL

Project Zip

35160-0400

CD

AL-03

Jobs Reported

159

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

455000.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

460061.10

Forgiveness Date

06/30/2021

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