As part of the Paycheck Protection Program NEW DIXIE OIL CORPORATION was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

NEW DIXIE OIL CORPORATION


Loan Amount	$1,478,100
BusinessName	NEW DIXIE OIL CORPORATION
Address	1501 Marshall Street
City	Roanoke Rapids
State	NC
Zip	27870
NAICSCode	447110
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	0
DateApproved	05/05/2020
Lender	Truist Bank d/b/a Branch Banking & Trust Co
CD	NC-01
BusinessName.clean	NEW DIXIE OIL

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

NEW DWD INTERNATIONAL
NEW EARTH
NEW EDITIONS
NEW ENCHANTMENT
NEW ENGEN