PPP Loan information for The oil exchange inc

$15,700

The oil exchange inc was initially approved for PPP Loan of amount $15,700, the current approved amount is $15,700. The loan was approved on 02/04/2021 by The First Southern Bank reported 3 jobs and $15,700 was used to fund payroll.

The oil exchange inc is Existing or more than 2 years old

THE OIL EXCHANGE INC

Date Approved

02/04/2021

SBA Office Code

0470

Processing Method

PPP

Borrower Name

THE OIL EXCHANGE INC

Borrower Address

301 E Central Ave

Borrower City

Petal

Borrower State

MS

Borrower Zip

39465-2937

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

15700.00

Current Approval Amount

15700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88691

Servicing Lender Name

First Southern Bank

Servicing Lender Address

1075 Hwy 98

Servicing Lender City

COLUMBIA

Servicing Lender State

MS

Servicing Lender Zip

39429-3741

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Petal

Project County Name

FORREST

Project State

MS

Project Zip

39465-2937

CD

MS-04

Jobs Reported

3

NAICS Code

811191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

15698.00

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

88691

Originating Lender

First Southern Bank

Originating Lender City

COLUMBIA

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15772.26

Forgiveness Date

07/26/2021

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