PPP Loan information for Carolina oil company of concord inc

$228,400

Carolina oil company of concord inc was initially approved for PPP Loan of amount $228,400, the current approved amount is $228,400. The loan was approved on 05/01/2020 by The Fifth Third Bank reported 41 jobs and $228,400 was used to fund payroll.

Carolina oil company of concord inc is Existing or more than 2 years old

PPP Loan Search / NC / Concord / Carolina oil company of concord inc

CAROLINA OIL COMPANY OF CONCORD INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CAROLINA OIL COMPANY OF CONCORD INC

Borrower Address

754 Concord Parkway N

Borrower City

Concord

Borrower State

NC

Borrower Zip

28027-6036

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

228400.00

Current Approval Amount

228400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Concord

Project County Name

CABARRUS

Project State

NC

Project Zip

28027-6036

CD

NC-12

Jobs Reported

41

NAICS Code

445120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

228400.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

232822.08

Forgiveness Date

04/19/2022

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