PPP Loan information for Cannon oil corporation

$152,954

Cannon oil corporation was initially approved for PPP Loan of amount $152,954, the current approved amount is $152,954. The loan was approved on 02/05/2021 by The ServisFirst Bank reported 27 jobs and $152,954 was used to fund payroll.

Cannon oil corporation is Existing or more than 2 years old

CANNON OIL CORPORATION

Date Approved

02/05/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

CANNON OIL CORPORATION

Borrower Address

1707 County Road 20

Borrower City

Clayton

Borrower State

AL

Borrower Zip

36016-4107

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

152954.00

Current Approval Amount

152954.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clayton

Project County Name

BARBOUR

Project State

AL

Project Zip

36016-4107

CD

AL-02

Jobs Reported

27

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

152952.00

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

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

154347.58

Forgiveness Date

01/04/2022

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