PPP Loan information for Wellman oil company inc

$93,985

Wellman oil company inc was initially approved for PPP Loan of amount $93,985, the current approved amount is $93,985. The loan was approved on 04/01/2021 by The Wells Fargo Bank, National Association reported 11 jobs and $93,985 was used to fund payroll.

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

PPP Loan Search / NC / Clinton / Wellman oil company inc

WELLMAN OIL COMPANY INC

Date Approved

04/01/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WELLMAN OIL COMPANY INC

Borrower Address

807 Warsaw Rd

Borrower City

Clinton

Borrower State

NC

Borrower Zip

28328-3715

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

93985.00

Current Approval Amount

93985.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clinton

Project County Name

SAMPSON

Project State

NC

Project Zip

28328-3715

CD

NC-03

Jobs Reported

11

NAICS Code

424710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

93981.00

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

Subchapter S Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

94232.19

Forgiveness Date

07/08/2021

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