PPP Loan information for Mid south petroleum corporation

$498,500

Mid south petroleum corporation was initially approved for PPP Loan of amount $498,500, the current approved amount is $498,500. The loan was approved on 04/13/2020 by The ServisFirst Bank reported 44 jobs and $498,500 was used to fund payroll.

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

MID SOUTH PETROLEUM CORPORATION

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MID SOUTH PETROLEUM CORPORATION

Borrower Address

164 1ST AVE NW

Borrower City

VERNON

Borrower State

AL

Borrower Zip

35592-5263

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

498500.00

Current Approval Amount

498500.00

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

VERNON

Project County Name

LAMAR

Project State

AL

Project Zip

35592-5263

CD

AL-04

Jobs Reported

44

NAICS Code

424720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

498500.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

504426.61

Forgiveness Date

06/17/2021

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