PPP Loan information for Beroth oil company

$820,565

Beroth oil company was initially approved for PPP Loan of amount $895,565, the current approved amount is $820,565. The loan was approved on 04/09/2020 by The Truist Bank reported 172 jobs and $820,565 was used to fund payroll.

Beroth oil company is Existing or more than 2 years old

PPP Loan Search / NC / WINSTON SALEM / Beroth oil company

BEROTH OIL COMPANY

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BEROTH OIL COMPANY

Borrower Address

20 W 32ND ST

Borrower City

WINSTON SALEM

Borrower State

NC

Borrower Zip

27105-4212

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

895565.00

Current Approval Amount

820565.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINSTON SALEM

Project County Name

FORSYTH

Project State

NC

Project Zip

27105-4212

CD

NC-06

Jobs Reported

172

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

820565.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

829477.25

Forgiveness Date

05/21/2021

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