PPP Loan information for Barakat petroleum llc

$18,439

Barakat petroleum llc was initially approved for PPP Loan of amount $18,439, the current approved amount is $18,439. The loan was approved on 04/28/2020 by The First Merchants Bank reported 4 jobs and $18,439 was used to fund payroll.

Barakat petroleum llc is New Business or 2 years or less

PPP Loan Search / MI / Bridgeport / Barakat petroleum llc

BARAKAT PETROLEUM LLC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BARAKAT PETROLEUM LLC

Borrower Address

6367 Dixie Hwy

Borrower City

Bridgeport

Borrower State

MI

Borrower Zip

48722-9566

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18438.75

Current Approval Amount

18438.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Bridgeport

Project County Name

SAGINAW

Project State

MI

Project Zip

48722-9566

CD

MI-08

Jobs Reported

4

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

18438.75

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

18576.16

Forgiveness Date

01/28/2021

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