PPP Loan information for Wadsworth oil company of clanton inc

$722,400

Wadsworth oil company of clanton inc was initially approved for PPP Loan of amount $722,400, the current approved amount is $722,400. The loan was approved on 04/10/2020 by The River Bank & Trust reported 115 jobs and $722,400 was used to fund payroll.

Wadsworth oil company of clanton inc is Existing or more than 2 years old

PPP Loan Search / AL / CLANTON / Wadsworth oil company of clanton inc

WADSWORTH OIL COMPANY OF CLANTON INC

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

WADSWORTH OIL COMPANY OF CLANTON INC

Borrower Address

2201 HOLIDAY INN DR

Borrower City

CLANTON

Borrower State

AL

Borrower Zip

35046-6209

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

722400.00

Current Approval Amount

722400.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLANTON

Project County Name

CHILTON

Project State

AL

Project Zip

35046-6209

CD

AL-06

Jobs Reported

115

NAICS Code

445120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

73000.00

Payroll Proceed

607400.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

36000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

440693

Originating Lender

River Bank & Trust

Originating Lender City

PRATTVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

726413.33

Forgiveness Date

11/03/2020

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