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Young Oil, Inc.

$605,363 PPP Loan in Piedmont, Alabama

Loan Details

Loan Number
1893897102
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$605,363
Current Approval
$605,363
Forgiveness Amount
$611,168
Forgiveness Date
Apr 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Young Oil, Inc.
Address
114 Memorial Dr
City
Piedmont
State
Alabama
ZIP Code
36272-2052
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
72
Estimated Revenue
$18.5M
Rural/Urban
Rural
Congressional District
AL-03

Loan Use Breakdown

Payroll
$605,363

Lender Information

Servicing Lender
Farmers and Merchants Bank
Originating Lender
Farmers and Merchants Bank

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