PPP Loan information for Cambridge petroleum

$88,200

Cambridge petroleum was initially approved for PPP Loan of amount $88,200, the current approved amount is $88,200. The loan was approved on 05/05/2020 by The First Bank & Trust reported 16 jobs and $88,200 was used to fund payroll.

Cambridge petroleum is Existing or more than 2 years old

CAMBRIDGE PETROLEUM

Date Approved

05/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CAMBRIDGE PETROLEUM

Borrower Address

101 GARFIELD ST S

Borrower City

CAMBRIDGE

Borrower State

MN

Borrower Zip

55008-1762

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88200.00

Current Approval Amount

88200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66463

Servicing Lender Name

First Bank & Trust

Servicing Lender Address

520 6th St

Servicing Lender City

BROOKINGS

Servicing Lender State

SD

Servicing Lender Zip

57006-2028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CAMBRIDGE

Project County Name

ISANTI

Project State

MN

Project Zip

55008-1762

CD

MN-08

Jobs Reported

16

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

88200.00

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

66463

Originating Lender

First Bank & Trust

Originating Lender City

BROOKINGS

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

88694.90

Forgiveness Date

11/27/2020

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