Vulcan Oil Co INC

$387,433 PPP Loan in Shannon, Alabama

Loan Details

Loan Number: 6111507100
Date Approved: Apr 14, 2020
Loan Status: Paid in Full
Initial Approval: $387,433
Current Approval: $387,433
Forgiveness Amount: $394,052
Forgiveness Date: Dec 29, 2021
Term: 24 months
Draw: First Draw

Business Information

Business Name: Vulcan Oil Co INC
Address: 2042 Shannon Oxmoor Rd
City: Shannon
State: Alabama
ZIP Code: 35142
Business Type: Subchapter S Corporation
Industry (NAICS): Wholesale Trade (424720)
Business Age: Existing or more than 2 years old
Jobs Reported: 45
Estimated Revenue: $11.6M
Rural/Urban: Urban
Congressional District: AL-07

Loan Use Breakdown

Payroll: $290,575
Rent: $48,429
Utilities: $48,429

Lender Information

Servicing Lender: Pnc Bank, National Association
Originating Lender: First Source Federal Credit Union

Other PPP Loans in Shannon, AL

Business	Industry	Approved	Forgiven	Jobs	Est. Revenue
Michael Bush	Transportation and Warehousing	$6,350	$6,373	1	<$5M	AI Deep Dive

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