PPP Loan information for Times oil corporation

$869,813

Times oil corporation was initially approved for PPP Loan of amount $937,320, the current approved amount is $869,813. The loan was approved on 04/12/2020 by The SouthState Bank, National Association reported 165 jobs and $869,813 was used to fund payroll.

Times oil corporation is Existing or more than 2 years old

TIMES OIL CORPORATION

Date Approved

04/12/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TIMES OIL CORPORATION

Borrower Address

1500 East Main St

Borrower City

LINCOLNTON

Borrower State

NC

Borrower Zip

28092-3904

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

937320.00

Current Approval Amount

869812.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117723

Servicing Lender Name

SouthState Bank, National Association

Servicing Lender Address

1101 First St South

Servicing Lender City

WINTER HAVEN

Servicing Lender State

FL

Servicing Lender Zip

33880-3908

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LINCOLNTON

Project County Name

LINCOLN

Project State

NC

Project Zip

28092-3904

CD

NC-10

Jobs Reported

165

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

869812.50

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

117723

Originating Lender

SouthState Bank, National Association

Originating Lender City

WINTER HAVEN

Originating Lender State

FL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

880781.80

Forgiveness Date

07/27/2021

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