PPP Loan information for Woodford oil company

$994,800

Woodford oil company was initially approved for PPP Loan of amount $994,800, the current approved amount is $994,800. The loan was approved on 04/07/2020 by The Summit Community Bank, Inc. reported 80 jobs and $994,800 was used to fund payroll.

Woodford oil company is Existing or more than 2 years old

PPP Loan Search / WV / ELKINS / Woodford oil company

WOODFORD OIL COMPANY

Date Approved

04/07/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

WOODFORD OIL COMPANY

Borrower Address

1 13TH ST

Borrower City

ELKINS

Borrower State

WV

Borrower Zip

26241-3401

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

994800.00

Current Approval Amount

994800.00

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

80

NAICS Code

424710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19000.00

Payroll Proceed

795800.00

Mortgage Interest Proceed

180000.00

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

990407.89

Forgiveness Date

11/05/2020

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