Wadsworth Oil Company of Clanton INC

$722,400 PPP Loan in Clanton, Alabama

Loan Details

Loan Number
1574737103
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$722,400
Current Approval
$722,400
Forgiveness Amount
$726,413
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Wadsworth Oil Company of Clanton INC
Address
2201 Holiday Inn Dr
State
Alabama
ZIP Code
35046-6209
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (445120)
Business Age
Existing or more than 2 years old
Jobs Reported
115
Estimated Revenue
$28.7M
Rural/Urban
Rural
Congressional District
AL-06

Loan Use Breakdown

Payroll
$607,400
Rent
$6,000
Utilities
$73,000
Health Care
$36,000

Lender Information

Servicing Lender
River Bank & Trust
Originating Lender
River Bank & Trust

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