Buchanan Oil Corporation

$231,000 PPP Loan in Abingdon, Virginia

Loan Details

Loan Number
7589037007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$231,000
Current Approval
$231,000
Forgiveness Amount
$233,926
Forgiveness Date
Jul 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Buchanan Oil Corporation
Address
623 West Main St
ZIP Code
24210-2509
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.7M
Rural/Urban
Rural
Congressional District
VA-09

Loan Use Breakdown

Payroll
$231,000

Lender Information

Servicing Lender
The First Bank and Trust Company
Originating Lender
The First Bank and Trust Company

Other PPP Loans in Abingdon, VA

BusinessApproved
Paramont Mfg LLC$3,984,800NewBizBotAI Deep Dive
Penn Stuart & Eskridge$1,738,800NewBizBotAI Deep Dive
Universal Companies, Inc.$1,524,257NewBizBotAI Deep Dive
Universal Companies Inc.$1,524,255NewBizBotAI Deep Dive
General Engineering Co of Virginia$1,457,100NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free