PPP Loan information for Cavern petro inc.

$18,512

Cavern petro inc. was initially approved for PPP Loan of amount $18,512, the current approved amount is $18,512. The loan was approved on 03/10/2021 by The First Bank reported 7 jobs and $18,512 was used to fund payroll.

Cavern petro inc. is Existing or more than 2 years old

CAVERN PETRO INC.

Date Approved

03/10/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

CAVERN PETRO INC.

Borrower Address

55721 Fallbrooke Dr.

Borrower City

Salem

Borrower State

VA

Borrower Zip

24153

Loan Status Date

05/24/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18511.50

Current Approval Amount

18511.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73903

Servicing Lender Name

First Bank

Servicing Lender Address

112 W King St

Servicing Lender City

STRASBURG

Servicing Lender State

VA

Servicing Lender Zip

22657-2220

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

ROANOKE

Project State

VA

Project Zip

24153

CD

VA-06

Jobs Reported

7

NAICS Code

447110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

18511.50

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

73903

Originating Lender

First Bank

Originating Lender City

STRASBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

18705.87

Forgiveness Date

04/04/2022

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