PPP Loan information for Russell oil company, inc.

$262,500

Russell oil company, inc. was initially approved for PPP Loan of amount $262,500, the current approved amount is $262,500. The loan was approved on 04/15/2020 by The River Bank & Trust reported 37 jobs and $262,500 was used to fund payroll.

Russell oil company, inc. is Existing or more than 2 years old

PPP Loan Search / AL / LAPINE / Russell oil company, inc.

RUSSELL OIL COMPANY, INC.

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

RUSSELL OIL COMPANY, INC.

Borrower Address

222 SCHOOL HOUSE RD

Borrower City

LAPINE

Borrower State

AL

Borrower Zip

36046-7015

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

262500.00

Current Approval Amount

262500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440693

Servicing Lender Name

River Bank & Trust

Servicing Lender Address

2611 Legends Dr

Servicing Lender City

PRATTVILLE

Servicing Lender State

AL

Servicing Lender Zip

36066-7761

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAPINE

Project County Name

MONTGOMERY

Project State

AL

Project Zip

36046-7015

CD

AL-02

Jobs Reported

37

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9943.00

Payroll Proceed

210046.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

42511.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

440693

Originating Lender

River Bank & Trust

Originating Lender City

PRATTVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

264198.96

Forgiveness Date

12/14/2020

;