Russell Oil Company, Inc.

$262,500 PPP Loan in Lapine, Alabama

Loan Details

Loan Number
8894547106
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$262,500
Current Approval
$262,500
Forgiveness Amount
$264,199
Forgiveness Date
Dec 14, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Russell Oil Company, Inc.
Address
222 School House Rd
City
Lapine
State
Alabama
ZIP Code
36046-7015
Business Type
Corporation
Industry (NAICS)
Retail Trade (447110)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$12.4M
Rural/Urban
Urban
Congressional District
AL-02

Loan Use Breakdown

Payroll
$210,046
Utilities
$9,943
Health Care
$42,511

Lender Information

Servicing Lender
River Bank & Trust
Originating Lender
River Bank & Trust

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