PPP Loan information for Ormond oil & gas company, inc

$294,900

Ormond oil & gas company, inc was initially approved for PPP Loan of amount $294,900, the current approved amount is $294,900. The loan was approved on 04/09/2020 by The Southern Bank and Trust Company reported 38 jobs and $294,900 was used to fund payroll.

Ormond oil & gas company, inc is Existing or more than 2 years old

PPP Loan Search / NC / MOUNT OLIVE / Ormond oil & gas company, inc

ORMOND OIL & GAS COMPANY, INC

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ORMOND OIL & GAS COMPANY, INC

Borrower Address

919-A S BREAZEALE AVE

Borrower City

MOUNT OLIVE

Borrower State

NC

Borrower Zip

28365-8571

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

294900.00

Current Approval Amount

294900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MOUNT OLIVE

Project County Name

WAYNE

Project State

NC

Project Zip

28365-8571

CD

NC-13

Jobs Reported

38

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

294900.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

299855.96

Forgiveness Date

12/14/2021

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