Sipsey River Oil Corporation

$39,121 PPP Loan in Vernon, Alabama

Loan Details

Loan Number
7393347004
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$39,121
Current Approval
$39,121
Forgiveness Amount
$39,575
Forgiveness Date
Jun 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sipsey River Oil Corporation
Address
164 1st Ave NW Po Box 1169
City
Vernon
State
Alabama
ZIP Code
35592-5263
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424710)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$29,342
Rent
$9,780

Lender Information

Servicing Lender
The Bank of Vernon
Originating Lender
The Bank of Vernon

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