PPP Loan information for Woodford oil company

$1,078,752

Woodford oil company was initially approved for PPP Loan of amount $1,078,752, the current approved amount is $1,078,752. The loan was approved on 01/27/2021 by The Summit Community Bank, Inc. reported 85 jobs and $1,078,752 was used to fund payroll.

Woodford oil company is Existing or more than 2 years old

WOODFORD OIL COMPANY

Date Approved

01/27/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

WOODFORD OIL COMPANY

Borrower Address

1 13th St

Borrower City

Elkins

Borrower State

WV

Borrower Zip

26241-3401

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1078752.00

Current Approval Amount

1078752.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elkins

Project County Name

RANDOLPH

Project State

WV

Project Zip

26241-3401

CD

WV-02

Jobs Reported

85

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1078748.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1090498.41

Forgiveness Date

02/25/2022

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