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Magness Oil Company

$1,262,700 PPP Loan in Gassville, Arkansas

Loan Details

Loan Number
4847897007
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,262,700
Current Approval
$1,262,700
Forgiveness Amount
$1,272,100
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Magness Oil Company
Address
167 Tucker Cemetery Rd
City
Gassville
State
Arkansas
ZIP Code
72635-8701
Business Type
Corporation
Industry (NAICS)
Retail Trade (447110)
Business Age
Existing or more than 2 years old
Jobs Reported
125
Estimated Revenue
$41.8M
Rural/Urban
Rural
Congressional District
AR-01

Loan Use Breakdown

Payroll
$1,221,000
Health Care
$41,700

Lender Information

Servicing Lender
Fnbc Bank
Originating Lender
Fnbc Bank

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