PPP Loan information for Avalon petroleum company

$762,285

Avalon petroleum company was initially approved for PPP Loan of amount $762,285, the current approved amount is $762,285. The loan was approved on 04/08/2020 by The JPMorgan Chase Bank, National Association reported 42 jobs and $762,285 was used to fund payroll.

Avalon petroleum company is Existing or more than 2 years old

PPP Loan Search / IL / Kankakee / Avalon petroleum company

AVALON PETROLEUM COMPANY

Date Approved

04/08/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AVALON PETROLEUM COMPANY

Borrower Address

200 E. Court St. Suite 720

Borrower City

Kankakee

Borrower State

IL

Borrower Zip

60901-3843

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

762285.00

Current Approval Amount

762285.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kankakee

Project County Name

KANKAKEE

Project State

IL

Project Zip

60901-3843

CD

IL-02

Jobs Reported

42

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7054.00

Payroll Proceed

664984.00

Mortgage Interest Proceed

0.00

Rent Proceed

9870.00

Refinance EIDL Proceed

0.00

Health Care Proceed

80377.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

768821.59

Forgiveness Date

02/19/2021

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