PPP Loan information for Best petroleum corporation

$713,500

Best petroleum corporation was initially approved for PPP Loan of amount $713,500, the current approved amount is $713,500. The loan was approved on 04/14/2020 by The Banco Popular de Puerto Rico reported 123 jobs and $713,500 was used to fund payroll.

Best petroleum corporation is Existing or more than 2 years old

BEST PETROLEUM CORPORATION

Date Approved

04/14/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

BEST PETROLEUM CORPORATION

Borrower Address

2 Carr, KM 25 Bo Candelaria

Borrower City

TOA BAJA

Borrower State

PR

Borrower Zip

00949

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

713500.00

Current Approval Amount

713500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123840

Servicing Lender Name

Banco Popular de Puerto Rico

Servicing Lender Address

209 Avenida Luis Mu<td,n>oz Rivera

Servicing Lender City

SAN JUAN

Servicing Lender State

PR

Servicing Lender Zip

00918

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TOA BAJA

Project County Name

TOA BAJA

Project State

PR

Project Zip

00949-1601

CD

PR-

Jobs Reported

123

NAICS Code

424720

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

535125.00

Mortgage Interest Proceed

0.00

Rent Proceed

178375.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123840

Originating Lender

Banco Popular de Puerto Rico

Originating Lender City

SAN JUAN

Originating Lender State

PR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

720278.25

Forgiveness Date

03/31/2021

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