PPP Loan information for Webb's oil company incorporated

$352,000

Webb's oil company incorporated was initially approved for PPP Loan of amount $352,000, the current approved amount is $352,000. The loan was approved on 04/28/2020 by The First-Citizens Bank & Trust Company reported 27 jobs and $352,000 was used to fund payroll.

Webb's oil company incorporated is New Business or 2 years or less

WEBB'S OIL COMPANY INCORPORATED

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

WEBB'S OIL COMPANY INCORPORATED

Borrower Address

8223 RESERVOIR RD

Borrower City

ROANOKE

Borrower State

VA

Borrower Zip

24019-6939

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

352000.00

Current Approval Amount

352000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROANOKE

Project County Name

ROANOKE

Project State

VA

Project Zip

24019-6939

CD

VA-06

Jobs Reported

27

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

352000.00

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

Subchapter S Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

343890.50

Forgiveness Date

11/17/2020

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