Southern Petroleum Inc.

$698,473 PPP Loan in Somerset, Kentucky

Loan Details

Loan Number
3026878507
Date Approved
Feb 22, 2021
Loan Status
Paid in Full
Initial Approval
$698,473
Current Approval
$698,473
Forgiveness Amount
$709,163
Forgiveness Date
Aug 30, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Southern Petroleum Inc.
Address
605 S Main St
ZIP Code
42501-2151
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424710)
Business Age
Existing or more than 2 years old
Jobs Reported
68
Estimated Revenue
$17.5M
Rural/Urban
Rural
Congressional District
KY-05

Loan Use Breakdown

Payroll
$698,473

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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