Morgan Oil Company INC

$574,223 PPP Loan in Nacogdoches, Texas

Loan Details

Loan Number
3351077108
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$574,223
Current Approval
$574,223
Forgiveness Amount
$578,162
Forgiveness Date
Dec 28, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Morgan Oil Company INC
Address
4921 NW Stallings Drive
State
Texas
ZIP Code
75964-1455
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
New Business or 2 years or less
Jobs Reported
98
Estimated Revenue
$25.2M
Rural/Urban
Rural
Congressional District
TX-17

Loan Use Breakdown

Payroll
$574,223

Lender Information

Servicing Lender
Cadence Bank
Originating Lender
Cadence Bank

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