PPP Loan information for South central oil co., inc.

$104,975

South central oil co., inc. was initially approved for PPP Loan of amount $104,975, the current approved amount is $104,975. The loan was approved on 04/28/2020 by The Pinnacle Bank reported 7 jobs and $104,975 was used to fund payroll.

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

SOUTH CENTRAL OIL CO., INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SOUTH CENTRAL OIL CO., 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

104975.00

Current Approval Amount

104975.00

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

7

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

104975.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

105584.72

Forgiveness Date

11/30/2020

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