Home Oil Company, Inc.

$1,100,000 PPP Loan in Cowarts, Alabama

Loan Details

Loan Number
4742087102
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,100,000
Current Approval
$1,100,000
Forgiveness Amount
$1,110,511
Forgiveness Date
Mar 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Home Oil Company, Inc.
Address
5744 US Highway 84
State
Alabama
ZIP Code
36321-4202
Business Type
Corporation
Industry (NAICS)
Retail Trade (445120)
Business Age
Existing or more than 2 years old
Jobs Reported
230
Estimated Revenue
$57.4M
Rural/Urban
Rural
Congressional District
AL-02

Loan Use Breakdown

Payroll
$800,000
Rent
$100,000
Utilities
$100,000
Mortgage Interest
$100,000

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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