PPP Loan information for Sumrall oil services inc

$293,200

Sumrall oil services inc was initially approved for PPP Loan of amount $293,200, the current approved amount is $293,200. The loan was approved on 04/04/2020 by The Magnolia State Bank reported 46 jobs and $293,200 was used to fund payroll.

Sumrall oil services inc is Existing or more than 2 years old

PPP Loan Search / MS / BAY SPRINGS / Sumrall oil services inc

SUMRALL OIL SERVICES INC

Date Approved

04/04/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SUMRALL OIL SERVICES INC

Borrower Address

2787 Highway 15

Borrower City

BAY SPRINGS

Borrower State

MS

Borrower Zip

39422

Loan Status Date

06/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

293200.00

Current Approval Amount

293200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39096

Servicing Lender Name

Magnolia State Bank

Servicing Lender Address

28 Hwy 528

Servicing Lender City

BAY SPRINGS

Servicing Lender State

MS

Servicing Lender Zip

39422-4821

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAY SPRINGS

Project County Name

JASPER

Project State

MS

Project Zip

39422-0001

CD

MS-03

Jobs Reported

46

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

293200.00

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

39096

Originating Lender

Magnolia State Bank

Originating Lender City

BAY SPRINGS

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

294845.18

Forgiveness Date

11/03/2020

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