PPP Loan information for Lake norman oil company, inc

$64,326

Lake norman oil company, inc was initially approved for PPP Loan of amount $64,326, the current approved amount is $64,326. The loan was approved on 06/01/2020 by The Truist Bank reported 6 jobs and $64,326 was used to fund payroll.

Lake norman oil company, inc is Unanswered

PPP Loan Search / NC / STATESVILLE / Lake norman oil company, inc

LAKE NORMAN OIL COMPANY, INC

Date Approved

06/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LAKE NORMAN OIL COMPANY, INC

Borrower Address

1546 Salisbury Road

Borrower City

STATESVILLE

Borrower State

NC

Borrower Zip

28677-6250

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64326.00

Current Approval Amount

64326.03

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Unanswered

Project City

STATESVILLE

Project County Name

IREDELL

Project State

NC

Project Zip

28677-6250

CD

NC-10

Jobs Reported

6

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

64326.03

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

64835.28

Forgiveness Date

03/23/2021

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