Morgan Oil Company INC

$574,223 PPP Loan in Nacogdoches, Texas

Loan Details

Loan Number
2357398309
Date Approved
Jan 20, 2021
Loan Status
Paid in Full
Initial Approval
$574,223
Current Approval
$574,223
Forgiveness Amount
$581,334
Forgiveness Date
Apr 27, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Morgan Oil Company INC
Address
4921 NW Stallings Dr
State
Texas
ZIP Code
75964-1455
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
101
Estimated Revenue
$26.0M
Rural/Urban
Rural
Congressional District
TX-17

Loan Use Breakdown

Payroll
$574,223

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Cadence Bank

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