PPP Loan information for Wooten oil company inc

$64,250

Wooten oil company inc was initially approved for PPP Loan of amount $64,250, the current approved amount is $64,250. The loan was approved on 04/28/2020 by The INSOUTH Bank reported 5 jobs and $64,250 was used to fund payroll.

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

WOOTEN OIL COMPANY INC

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

WOOTEN OIL COMPANY INC

Borrower Address

513 SANFORD AVE

Borrower City

COVINGTON

Borrower State

TN

Borrower Zip

38019-2948

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64250.00

Current Approval Amount

64250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66824

Servicing Lender Name

INSOUTH Bank

Servicing Lender Address

111 S Washington

Servicing Lender City

BROWNSVILLE

Servicing Lender State

TN

Servicing Lender Zip

38012-3033

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COVINGTON

Project County Name

TIPTON

Project State

TN

Project Zip

38019-2948

CD

TN-08

Jobs Reported

5

NAICS Code

424710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

62250.00

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

66824

Originating Lender

INSOUTH Bank

Originating Lender City

BROWNSVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

64633.72

Forgiveness Date

12/02/2020

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