PPP Loan information for Tatum oil inc.

$101,399

Tatum oil inc. was initially approved for PPP Loan of amount $101,399, the current approved amount is $101,399. The loan was approved on 04/08/2020 by The First Southern Bank reported 21 jobs and $101,399 was used to fund payroll.

Tatum oil inc. is New Business or 2 years or less

TATUM OIL INC.

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

TATUM OIL INC.

Borrower Address

1507 SW 12th St

Borrower City

SHEFFIELD

Borrower State

AL

Borrower Zip

35660-5728

Loan Status Date

03/31/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101398.54

Current Approval Amount

101398.54

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119671

Servicing Lender Name

First Southern Bank

Servicing Lender Address

201 S Court St

Servicing Lender City

Florence

Servicing Lender State

AL

Servicing Lender Zip

35630

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SHEFFIELD

Project County Name

COLBERT

Project State

AL

Project Zip

35660-5728

CD

AL-04

Jobs Reported

21

NAICS Code

447110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

76048.90

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25349.64

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

119671

Originating Lender

First Southern Bank

Originating Lender City

Florence

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

102364.64

Forgiveness Date

03/22/2021

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