PPP Loan information for Walthall oil company

$1,270,500

Walthall oil company was initially approved for PPP Loan of amount $1,270,500, the current approved amount is $1,270,500. The loan was approved on 04/10/2020 by The Cadence Bank reported 124 jobs and $1,270,500 was used to fund payroll.

Walthall oil company is Existing or more than 2 years old

WALTHALL OIL COMPANY

Date Approved

04/10/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

WALTHALL OIL COMPANY

Borrower Address

2510 ALLEN RD

Borrower City

MACON

Borrower State

GA

Borrower Zip

31216-6304

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1270500.00

Current Approval Amount

1270500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MACON

Project County Name

BIBB

Project State

GA

Project Zip

31216-6304

CD

GA-02

Jobs Reported

124

NAICS Code

424710

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

127050.00

Payroll Proceed

1143450.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1277311.29

Forgiveness Date

11/12/2020

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