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Cannon Oil Corporation

$157,300 PPP Loan in Dothan, Alabama

Loan Details

Loan Number
6023897003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$157,300
Current Approval
$157,300
Forgiveness Amount
$158,401
Forgiveness Date
Dec 22, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Cannon Oil Corporation
Address
1231 S Foster Street
City
Dothan
State
Alabama
ZIP Code
36301-3681
Business Type
Corporation
Industry (NAICS)
Retail Trade (447110)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$9.0M
Rural/Urban
Rural
Congressional District
AL-02

Loan Use Breakdown

Payroll
$135,900
Utilities
$17,800
Debt Interest
$3,600

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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