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  5. LITCO PETROLEUM, INC.

LITCO PETROLEUM, INC.

Company Details

Name: LITCO PETROLEUM, INC.
Jurisdiction: MISSISSIPPI
Business Type: Profit Corporation
Status: Good Standing
Effective Date: 04 Dec 1987 (37 years ago)
Business ID: 8706080
ZIP code: 38835
County: Alcorn
State of Incorporation: MISSISSIPPI
Principal Office Address: 323 HWY 72 WEST , P.O. Box 1088CORINTH, MS 38835

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
LITCO PETROLEUM, INC. 401(K) PLAN 2023 640752230 2024-07-29 LITCO PETROLEUM, INC. 70
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1990-09-15
Business code 424700
Sponsor’s telephone number 6622871471
Plan sponsor’s address PO BOX 1088, CORINTH, MS, 38835
LITCO PETROLEUM, INC. 401(K) PLAN 2022 640752230 2023-06-05 LITCO PETROLEUM, INC. 70
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1990-09-15
Business code 424700
Sponsor’s telephone number 6622871471
Plan sponsor’s address PO BOX 1088, CORINTH, MS, 38835

Signature of
Role Plan administrator
Date 2023-06-05
Name of individual signing MELISSA POUNDERS
Valid signature Filed with authorized/valid electronic signature
LITCO PETROLEUM, INC. 401(K) PLAN 2021 640752230 2022-06-06 LITCO PETROLEUM, INC. 72
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1990-09-15
Business code 424700
Sponsor’s telephone number 6622871471
Plan sponsor’s address PO BOX 1088, CORINTH, MS, 38835

Signature of
Role Plan administrator
Date 2022-06-06
Name of individual signing MELISSA POUNDERS
Valid signature Filed with authorized/valid electronic signature
LITCO PETROLEUM, INC. 401(K) PLAN 2020 640752230 2021-06-03 LITCO PETROLEUM, INC. 67
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1990-09-15
Business code 424700
Sponsor’s telephone number 6622871471
Plan sponsor’s address PO BOX 1088, CORINTH, MS, 38835

Signature of
Role Plan administrator
Date 2021-06-03
Name of individual signing MELISSA POUNDERS
Valid signature Filed with authorized/valid electronic signature
LITCO PETROLEUM, INC. 401(K) PLAN 2019 640752230 2020-06-22 LITCO PETROLEUM, INC. 77
Three-digit plan number (PN) 001
Effective date of plan 1990-09-15
Business code 424700
Sponsor’s telephone number 6622871471
Plan sponsor’s address PO BOX 1088, CORINTH, MS, 38835

Signature of
Role Plan administrator
Date 2020-06-22
Name of individual signing MPOUNDERS8643
Valid signature Filed with authorized/valid electronic signature
LITCO PETROLEUM, INC. 401(K) PLAN 2019 640752230 2020-06-30 LITCO PETROLEUM, INC. 77
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1990-09-15
Business code 424700
Sponsor’s telephone number 6622871471
Plan sponsor’s address PO BOX 1088, CORINTH, MS, 38835

Signature of
Role Plan administrator
Date 2020-06-30
Name of individual signing MELISSA POUNDERS
Valid signature Filed with authorized/valid electronic signature
LITCO PETROLEUM, INC. 401(K) PLAN 2018 640752230 2019-06-13 LITCO PETROLEUM, INC. 71
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1990-09-15
Business code 424700
Sponsor’s telephone number 6622871471
Plan sponsor’s address PO BOX 1088, CORINTH, MS, 38835

Signature of
Role Plan administrator
Date 2019-06-13
Name of individual signing MELISSA POUNDERS
Valid signature Filed with authorized/valid electronic signature
LITCO PETROLEUM, INC. 401(K) PLAN 2017 640752230 2018-07-17 LITCO PETROLEUM, INC. 92
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1990-09-15
Business code 424700
Sponsor’s telephone number 6622871471
Plan sponsor’s address PO BOX 1088, CORINTH, MS, 38835

Signature of
Role Plan administrator
Date 2018-07-17
Name of individual signing MELISSA POUNDERS
Valid signature Filed with authorized/valid electronic signature

Agent

Name Role Address
William H Davis Jr Agent 511 Franklin Street, CORINTH, MS 38834

Director

Name Role Address
Taft F Little Director 1301 Orchard Lane, Corinth, MS 38834
Mark Little Director 104 Edgewater Drive, Saltillo, MS 38866

President

Name Role Address
Taft F Little President 1301 Orchard Lane, Corinth, MS 38834

Secretary

Name Role Address
Mark Little Secretary 104 Edgewater Drive, Saltillo, MS 38866

Treasurer

Name Role Address
Mark Little Treasurer 104 Edgewater Drive, Saltillo, MS 38866

Filings

Type Status Filed Date Description
Annual Report Filed 2025-04-01 Annual Report For LITCO PETROLEUM, INC.
Annual Report Filed 2024-06-07 Annual Report For LITCO PETROLEUM, INC.
Annual Report Filed 2023-04-19 Annual Report For LITCO PETROLEUM, INC.
Annual Report Filed 2022-03-15 Annual Report For LITCO PETROLEUM, INC.
Annual Report Filed 2021-06-17 Annual Report For LITCO PETROLEUM, INC.
Annual Report Filed 2020-06-04 Annual Report For LITCO PETROLEUM, INC.
Amendment Form Filed 2019-08-14 Amendment For LITCO PETROLEUM, INC.
Agent Resignation Filed 2019-07-30 Agent Resignation For WENDELL H TRAPP JR
Annual Report Filed 2019-03-27 Annual Report For LITCO PETROLEUM, INC.
Restate Articles of Incorporation Filed 2019-01-04 Restatement For LITCO PETROLEUM, INC.

OSHA's Inspections within Industry

Inspection Nr Report ID Date Opened Site Address
338162019 0419400 2013-01-08 HWY 25, FULTON, MS, 38843
Inspection Type Planned
Scope Partial
Safety/Health Safety
Close Conference 2013-01-08
Emphasis L: EISAOF, P: FALL, L: FALL, L: EISAX
Case Closed 2013-02-27

Violation Items
Citation ID 01001
Citaton Type Serious
Standard Cited 19260453 B02 V
Issuance Date 2013-01-18
Current Penalty 1734.0
Initial Penalty 2890.0
Final Order 2013-02-14
Nr Instances 2
Nr Exposed 2
Gravity 5
FTA Current Penalty 0.0
Citation text line 29 CFR 1926.453(b)(2)(v): A body belt shall be worn and a lanyard attached to the boom or basket when working from an aerial lift. Note to paragraph (b)(2)(v): As of January 1, 1998, subpart M of this part (1926.502(d)) provides that body belts are not acceptable as part of a personal fall arrest system. The use of a body belt in a tethering system or in a restraint system is acceptable and is regulated under 1926.502(e). Jobsite - On or about January 08, 2013 employees were using bucket trucks to install a Huddle House sign at a height of 20 feet. Employees were not protected from falling to a lower level by wearing a body belt and lanyard.
Citation ID 01002
Citaton Type Serious
Standard Cited 19260454 A
Issuance Date 2013-01-18
Abatement Due Date 2013-03-08
Current Penalty 1530.0
Initial Penalty 2550.0
Final Order 2013-02-27
Nr Instances 2
Nr Exposed 2
Gravity 1
FTA Current Penalty 0.0
Citation text line 29 CFR 1926.454(a): The employer shall have each employee who performs work while on a scaffold trained by a person qualified in the subject matter to recognize the hazards associated with the type of scaffold being used and to understand the procedures to control or minimize those hazards. The training shall include the following areas, as applicable: Jobsite - On or about January 08, 2013 employer did not provide fall protection training to employees that were using bucket trucks to replace a sign.

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
5052857007 2020-04-04 0470 PPP 323 Hwy 72 W, CORINTH, MS, 38834-5408
Loan Status Date 2021-03-04
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 64265
Loan Approval Amount (current) 64265
Undisbursed Amount 0
Franchise Name -
Lender Location ID 66917
Servicing Lender Name Decatur County Bank
Servicing Lender Address 56 N Pleasant St, DECATURVILLE, TN, 38329-4083
Rural or Urban Indicator R
Hubzone Y
LMI N
Business Age Description Existing or more than 2 years old
Project Address CORINTH, ALCORN, MS, 38834-5408
Project Congressional District MS-01
Number of Employees 6
NAICS code 447190
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 66917
Originating Lender Name Decatur County Bank
Originating Lender Address DECATURVILLE, TN
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 64666.76
Forgiveness Paid Date 2021-02-12

Court Cases

Docket Number Nature of Suit Filing Date Disposition
1700192 Fair Labor Standards Act 2017-09-28 settled
Circuit Fifth Circuit
Origin original proceeding
Jurisdiction federal question
Jury Demand Plaintiff demands jury
Demanded Amount 0
Termination Class Action Missing
Procedural Progress other
Nature Of Judgment no monetary award
Judgement missing
Arbitration On Termination Missing
Office 3
Filing Date 2017-09-28
Termination Date 2018-04-30
Date Issue Joined 2018-02-13
Section 0201
Sub Section FL
Status Terminated

Parties
Name HOLIFIELD,
Role Plaintiff
Name LITCO PETROLEUM, INC.
Role Defendant
1700194 Fair Labor Standards Act 2017-09-29 settled
Circuit Fifth Circuit
Origin original proceeding
Jurisdiction federal question
Jury Demand Plaintiff demands jury
Demanded Amount 0
Termination Class Action Missing
Procedural Progress other
Nature Of Judgment no monetary award
Judgement missing
Arbitration On Termination Missing
Office 3
Filing Date 2017-09-29
Termination Date 2018-04-30
Date Issue Joined 2018-02-13
Section 0201
Sub Section FL
Status Terminated

Parties
Name CRANFORD,
Role Plaintiff
Name LITCO PETROLEUM, INC.
Role Defendant
9300030 Civil Rights Employment 1993-02-26 remanded to state court
Circuit Fifth Circuit
Origin removed (began in the state court, removed to the district court)
Jurisdiction federal question
Jury Demand Missing
Demanded Amount 150
Termination Class Action Missing
Procedural Progress order entered
Nature Of Judgment Missing
Judgement missing
Arbitration On Termination Missing
Office 3
Filing Date 1993-02-26
Termination Date 1993-04-20
Section 1331

Parties
Name SMITH
Role Plaintiff
Name LITCO PETROLEUM, INC.
Role Defendant
1500078 Civil Rights Employment 2015-05-20 settled
Circuit Fifth Circuit
Origin removed (began in the state court, removed to the district court)
Jurisdiction federal question
Jury Demand Plaintiff demands jury
Demanded Amount 0
Termination Class Action Missing
Procedural Progress other
Nature Of Judgment no monetary award
Judgement missing
Arbitration On Termination Missing
Office 3
Filing Date 2015-05-20
Termination Date 2015-06-09
Date Issue Joined 2015-05-26
Section 1331
Status Terminated

Parties
Name LITCO PETROLEUM, INC.
Role Defendant
Name HARRIS
Role Plaintiff

Related by officers

William H Davis Jr

B & L, INCORPORATED SINGLETON MILL SUPPLY, INC. BEST-WADE PETROLEUM, INC. ROSEWOOD FARMS, LLC WILLIAM H. DAVIS, JR., PLLC CLAY COUNTY DIAGNOSTIC IMAGING, PLLC Fillmore Development Group, LLC Timms Enterprises, LLC Downtown Books, LLC Wooten Properties, LLC

Mark Little

BEST-WADE PETROLEUM, INC. Liberty Transports, LLC Litco Transports, LLC

Related by address

No related companies by address

Date of last update: 16 Apr 2025

Sources: Mississippi Secretary of State

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