PPP Loan information for Abbott oil company, inc

$270,700

Abbott oil company, inc was initially approved for PPP Loan of amount $270,700, the current approved amount is $270,700. The loan was approved on 04/09/2020 by The Truist Bank reported 17 jobs and $270,700 was used to fund payroll.

Abbott oil company, inc is Existing or more than 2 years old

ABBOTT OIL COMPANY, INC

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

ABBOTT OIL COMPANY, INC

Borrower Address

2834 WALDEN DR

Borrower City

AUGUSTA

Borrower State

GA

Borrower Zip

30904-5518

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

270700.00

Current Approval Amount

270700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AUGUSTA

Project County Name

RICHMOND

Project State

GA

Project Zip

30904-5518

CD

GA-12

Jobs Reported

17

NAICS Code

424710

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

270700.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

273775.45

Forgiveness Date

06/08/2021

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