Riggs Oil Company INC

$894,500 PPP Loan in Big Stone Gap, Virginia

Loan Details

Loan Number
3170507107
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$894,500
Current Approval
$894,500
Forgiveness Amount
$904,290
Forgiveness Date
May 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Riggs Oil Company INC
Address
1505 East 1st Ave
ZIP Code
24219-3189
Business Type
Corporation
Industry (NAICS)
Retail Trade (447110)
Business Age
Existing or more than 2 years old
Jobs Reported
200
Estimated Revenue
$66.9M
Rural/Urban
Rural
Congressional District
VA-09

Loan Use Breakdown

Payroll
$894,500

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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