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Southern Petroleum INC

$597,100 PPP Loan in Somerset, Kentucky

Loan Details

Loan Number
1038337108
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$597,100
Current Approval
$597,100
Forgiveness Amount
$601,064
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Petroleum INC
Address
605 S Main St
City
Somerset
State
Kentucky
ZIP Code
42501-2151
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424710)
Business Age
Existing or more than 2 years old
Jobs Reported
66
Estimated Revenue
$17.0M
Rural/Urban
Rural
Congressional District
KY-05

Loan Use Breakdown

Payroll
$597,100

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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