Sweetwater Valley Oil Co.

$527,700 PPP Loan in Sweetwater, Tennessee

Loan Details

Loan Number
9608847205
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$527,700
Current Approval
$527,700
Forgiveness Amount
$531,358
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sweetwater Valley Oil Co.
Address
1236 Highway 68
ZIP Code
37874-5154
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Unanswered
Jobs Reported
35
Estimated Revenue
$9.0M
Rural/Urban
Rural
Congressional District
TN-03

Loan Use Breakdown

Payroll
$450,000
Utilities
$27,700
Mortgage Interest
$50,000

Lender Information

Servicing Lender
United Community Bank
Originating Lender
Reliant Bank, a Division of United Community Bank

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