PPP Loan information for Bi-petro inc

$1,173,850

Bi-petro inc was initially approved for PPP Loan of amount $1,173,850, the current approved amount is $1,173,850. The loan was approved on 04/10/2020 by The Morton Community Bank reported 89 jobs and $1,173,850 was used to fund payroll.

Bi-petro inc is Existing or more than 2 years old

PPP Loan Search / IL / SPRINGFIELD / Bi-petro inc

BI-PETRO INC

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

BI-PETRO INC

Borrower Address

19246 PO BOX

Borrower City

SPRINGFIELD

Borrower State

IL

Borrower Zip

62794-9246

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1173850.00

Current Approval Amount

1173850.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22097

Servicing Lender Name

Morton Community Bank

Servicing Lender Address

721 W Jackson St

Servicing Lender City

MORTON

Servicing Lender State

IL

Servicing Lender Zip

61550-1537

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

SANGAMON

Project State

IL

Project Zip

62794-9246

CD

IL-13

Jobs Reported

89

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1173850.00

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

22608

Originating Lender

Marine Bank

Originating Lender City

SPRINGFIELD

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1146244.70

Forgiveness Date

06/09/2021

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