PPP Loan information for Bi-petro inc

$1,133,275

Bi-petro inc was initially approved for PPP Loan of amount $1,133,275, the current approved amount is $1,133,275. The loan was approved on 02/26/2021 by The Morton Community Bank reported 69 jobs and $1,133,275 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

02/26/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

BI-PETRO INC

Borrower Address

3150 Executive Park Dr

Borrower City

Springfield

Borrower State

IL

Borrower Zip

62703-4509

Loan Status Date

01/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1133275.00

Current Approval Amount

1133275.00

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

Y

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

62703-4509

CD

IL-13

Jobs Reported

69

NAICS Code

486110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1133270.00

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

1141774.56

Forgiveness Date

12/01/2021

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