PPP Loan information for Adams petroleum products inc

$150,000

Adams petroleum products inc was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 04/07/2020 by The First Commonwealth Bank reported 13 jobs and $150,000 was used to fund payroll.

Adams petroleum products inc is Existing or more than 2 years old

ADAMS PETROLEUM PRODUCTS INC

Date Approved

04/07/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

ADAMS PETROLEUM PRODUCTS INC

Borrower Address

2060 BIG SEWICKLEY CREEK RD

Borrower City

SEWICKLEY

Borrower State

PA

Borrower Zip

15143-8613

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60009

Servicing Lender Name

First Commonwealth Bank

Servicing Lender Address

600 Philadelphia St

Servicing Lender City

INDIANA

Servicing Lender State

PA

Servicing Lender Zip

15701-3904

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SEWICKLEY

Project County Name

BEAVER

Project State

PA

Project Zip

15143-8613

CD

PA-17

Jobs Reported

13

NAICS Code

424720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

150000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60009

Originating Lender

First Commonwealth Bank

Originating Lender City

INDIANA

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

151347.95

Forgiveness Date

03/11/2021

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