PPP Loan information for Couch oil company of durham, inc.

$510,200

Couch oil company of durham, inc. was initially approved for PPP Loan of amount $510,200, the current approved amount is $510,200. The loan was approved on 05/15/2020 by The Live Oak Banking Company reported 42 jobs and $510,200 was used to fund payroll.

Couch oil company of durham, inc. is Existing or more than 2 years old

COUCH OIL COMPANY OF DURHAM, INC.

Date Approved

05/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

COUCH OIL COMPANY OF DURHAM, INC.

Borrower Address

2907 Hillsborough Rd

Borrower City

Durham

Borrower State

NC

Borrower Zip

27705

Loan Status Date

09/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

510200.00

Current Approval Amount

510200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Durham

Project County Name

DURHAM

Project State

NC

Project Zip

27705-0001

CD

NC-04

Jobs Reported

42

NAICS Code

424710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

510200.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

521759.87

Forgiveness Date

08/24/2022

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