PPP Loan information for South central oil and propane, inc.

$157,838

South central oil and propane, inc. was initially approved for PPP Loan of amount $157,838, the current approved amount is $157,838. The loan was approved on 04/28/2020 by The Pinnacle Bank reported 17 jobs and $157,838 was used to fund payroll.

South central oil and propane, inc. is Existing or more than 2 years old

SOUTH CENTRAL OIL AND PROPANE, INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOUTH CENTRAL OIL AND PROPANE, INC.

Borrower Address

2121 MAIN ST

Borrower City

ALBEMARLE

Borrower State

NC

Borrower Zip

28001

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157837.50

Current Approval Amount

157837.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBEMARLE

Project County Name

STANLY

Project State

NC

Project Zip

28001-0001

CD

NC-08

Jobs Reported

17

NAICS Code

424710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

157837.50

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

158754.25

Forgiveness Date

11/30/2020

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