PPP Loan information for Southern oil company

$735,500

Southern oil company was initially approved for PPP Loan of amount $735,500, the current approved amount is $735,500. The loan was approved on 04/28/2020 by The Community Bank of Mississippi reported 178 jobs and $735,500 was used to fund payroll.

Southern oil company is Existing or more than 2 years old

PPP Loan Search / MS / HATTIESBURG / Southern oil company

SOUTHERN OIL COMPANY

Date Approved

04/28/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SOUTHERN OIL COMPANY

Borrower Address

6933 U S HIGHWAY 49

Borrower City

HATTIESBURG

Borrower State

MS

Borrower Zip

39402-9162

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

735500.00

Current Approval Amount

735500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HATTIESBURG

Project County Name

FORREST

Project State

MS

Project Zip

39402-9162

CD

MS-04

Jobs Reported

178

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

95000.00

Payroll Proceed

605000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

35500.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

744890.22

Forgiveness Date

08/10/2021

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