ADDINGTON OIL CORPORATION (VA) - 2020 PPP Loan Borrower Profile (# 1489457108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADDINGTON OIL CORPORATION. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Virginia.

Loan Detail

Loan Number

1489457108

SBA Office Code

0304

Processing Method

PPP

Curent Loan Amount

$150,657

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$152,588.71

Date Loan was Forgiven

Jul 29, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

30,132

Payroll Proced

120,525

Lender

The Bank of Marion

Business Detail

Business Type

Corporation

NAICS

454310

Borrower Location

WEBER CITY, VA

Project Location

WEBER CITY, VA

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.