As part of the Paycheck Protection Program RIGGS OIL COMPANY INC 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.

RIGGS OIL COMPANY INC


Loan Amount	$894,500
BusinessName	RIGGS OIL COMPANY INC
Address	1505 East 1ST AVE
City	BIG STONE GAP
State	VA
Zip	24219
NAICSCode	447110
BusinessType	Corporation
RaceEthnicity	White
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	200
DateApproved	04/11/2020
Lender	Truist Bank d/b/a Branch Banking & Trust Co
CD	VA-09
BusinessName.clean	RIGGS OIL COMPANY

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.

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