Petersburg Oil Company

$249,300 PPP Loan in Petersburg, West Virginia

Loan Details

Loan Number
4647277004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$249,300
Current Approval
$249,300
Forgiveness Amount
$251,260
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Petersburg Oil Company
Address
112 Grove St
ZIP Code
26847-1769
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$8.8M
Rural/Urban
Rural
Congressional District
WV-02

Loan Use Breakdown

Payroll
$199,500
Utilities
$9,800
Health Care
$40,000

Lender Information

Servicing Lender
Burke & Herbert Bank & Trust Company
Originating Lender
Burke and Herbert Bank and Trust Company

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