PPP Loan information for Mid south petroleum corporation

$564,715

Mid south petroleum corporation was initially approved for PPP Loan of amount $564,715, the current approved amount is $564,715. The loan was approved on 02/25/2021 by The West Alabama Bank & Trust reported 45 jobs and $564,715 was used to fund payroll.

Mid south petroleum corporation is Existing or more than 2 years old

PPP Loan Search / AL / Vernon / Mid south petroleum corporation

MID SOUTH PETROLEUM CORPORATION

Date Approved

02/25/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

MID SOUTH PETROLEUM CORPORATION

Borrower Address

164 1st Ave NW

Borrower City

Vernon

Borrower State

AL

Borrower Zip

35592-5634

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

564715.00

Current Approval Amount

564715.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3217

Servicing Lender Name

West Alabama Bank & Trust

Servicing Lender Address

509 1st Ave W

Servicing Lender City

REFORM

Servicing Lender State

AL

Servicing Lender Zip

35481-4602

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Vernon

Project County Name

LAMAR

Project State

AL

Project Zip

35592-5634

CD

AL-04

Jobs Reported

45

NAICS Code

424720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

564713.00

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

3217

Originating Lender

West Alabama Bank & Trust

Originating Lender City

REFORM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

567444.46

Forgiveness Date

08/25/2021

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