YOUNG OIL, INC.

Summary of PPP (Paycheck Protection Program) Loan approved to YOUNG OIL, INC. by Farmers and Merchants Bank. The loan was approved on 4/10/2020 in the range of $350,000-1 million.

Business Information

Name:

YOUNG OIL, INC.

114 MEMORIAL DR
PIEDMONT, AL 36272
Business type: Subchapter S Corporation
Merchant Wholesalers, Nondurable Goods
→ Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
Non-profit: No
Loan amount: $350,000-1 million
(50 Jobs retained)
Date approved: April 10, 2020
Lender Farmers and Merchants Bank

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.