Fronk Oil Co., INC

$660,000 PPP Loan in Booker, Texas

Loan Details

Loan Number
6939617000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$660,000
Current Approval
$660,000
Forgiveness Amount
$664,492
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Fronk Oil Co., INC
Address
14950 Highway 23
City
Booker
State
Texas
ZIP Code
79005-4355
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
77
Estimated Revenue
$19.8M
Rural/Urban
Rural
Congressional District
TX-13

Loan Use Breakdown

Payroll
$495,000
Utilities
$46,200
Health Care
$39,600
Mortgage Interest
$39,600
Debt Interest
$39,600

Lender Information

Servicing Lender
Snb Bank, National Association
Originating Lender
Snb Bank, National Association

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