Best Wade Petroleum INC

$487,612 PPP Loan in Ripley, Tennessee

Loan Details

Loan Number
5046207004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$487,612
Current Approval
$487,612
Forgiveness Amount
$495,698
Forgiveness Date
Nov 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Best Wade Petroleum INC
Address
201 Dodge Dr
City
Ripley
ZIP Code
38063-8073
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$12.4M
Rural/Urban
Rural
Congressional District
TN-08

Loan Use Breakdown

Payroll
$449,354
Rent
$32,000
Utilities
$2,000
Mortgage Interest
$4,258

Lender Information

Servicing Lender
Decatur County Bank
Originating Lender
Decatur County Bank

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