Woodford Oil Company

$994,800 PPP Loan in Elkins, West Virginia

Loan Details

Loan Number
6816777002
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$994,800
Current Approval
$994,800
Forgiveness Amount
$1,000,493
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Woodford Oil Company
Address
1 13th St
City
Elkins
ZIP Code
26241-3401
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424710)
Business Age
Existing or more than 2 years old
Jobs Reported
80
Estimated Revenue
$20.6M
Rural/Urban
Rural
Congressional District
WV-02

Loan Use Breakdown

Payroll
$795,800
Utilities
$19,000
Mortgage Interest
$180,000

Lender Information

Servicing Lender
Burke & Herbert Bank & Trust Company
Originating Lender
Burke and Herbert Bank and Trust Company

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