Claxton Oil Company

$190,000 PPP Loan in Claxton, Georgia

Loan Details

Loan Number
3715067205
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$190,000
Current Approval
$190,000
Forgiveness Amount
$191,779
Forgiveness Date
Apr 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Claxton Oil Company
Address
410 E Main St
State
Georgia
ZIP Code
30417-1750
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (454310)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$6.2M
Rural/Urban
Rural
Congressional District
GA-12

Loan Use Breakdown

Payroll
$180,061
Utilities
$8,980
Debt Interest
$959

Lender Information

Servicing Lender
The Claxton Bank
Originating Lender
The Claxton Bank

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