PPP Loan information for Scott petroleum corporation

$2,923,500

Scott petroleum corporation was initially approved for PPP Loan of amount $2,923,500, the current approved amount is $2,923,500. The loan was approved on 04/15/2020 by The Regions Bank reported 311 jobs and $2,923,500 was used to fund payroll.

Scott petroleum corporation is Existing or more than 2 years old

PPP Loan Search / MS / Itta Bena / Scott petroleum corporation

SCOTT PETROLEUM CORPORATION

Date Approved

04/15/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SCOTT PETROLEUM CORPORATION

Borrower Address

102 Main Street,

Borrower City

Itta Bena

Borrower State

MS

Borrower Zip

38941-2712

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2923500.00

Current Approval Amount

2923500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Itta Bena

Project County Name

LEFLORE

Project State

MS

Project Zip

38941-2712

CD

MS-02

Jobs Reported

311

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2923500.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2979166.64

Forgiveness Date

03/28/2022

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