Sipsey River Oil Corporation

$43,520 PPP Loan in Vernon, Alabama

Loan Details

Loan Number
5351318506
Date Approved
Feb 27, 2021
Loan Status
Paid in Full
Initial Approval
$43,520
Current Approval
$43,520
Forgiveness Amount
$44,129
Forgiveness Date
Jul 20, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Sipsey River Oil Corporation
Address
8596 Highway 18
City
Vernon
State
Alabama
ZIP Code
35592-5821
Business Type
Corporation
Industry (NAICS)
Retail Trade (454310)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$43,518
Utilities
$1

Lender Information

Servicing Lender
The Bank of Vernon
Originating Lender
The Bank of Vernon

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