Southern Oil Company

$735,500 PPP Loan in Hattiesburg, Mississippi

Loan Details

Loan Number
6609597200
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$735,500
Current Approval
$735,500
Forgiveness Amount
$744,890
Forgiveness Date
Aug 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Oil Company
Address
6933 U S Highway 49
ZIP Code
39402-9162
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
178
Estimated Revenue
$45.8M
Rural/Urban
Urban
Congressional District
MS-04

Loan Use Breakdown

Payroll
$605,000
Utilities
$95,000
Health Care
$35,500

Lender Information

Servicing Lender
Community Bank of Mississippi
Originating Lender
Community Bank of Mississippi

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