PPP Loan information for Dara petroleum inc

$40,695

Dara petroleum inc was initially approved for PPP Loan of amount $40,695, the current approved amount is $40,695. The loan was approved on 01/22/2021 by The OceanFirst Bank, National Association reported 8 jobs and $40,695 was used to fund payroll.

Dara petroleum inc is Existing or more than 2 years old

PPP Loan Search / NJ / Englishtown / Dara petroleum inc

DARA PETROLEUM INC

Date Approved

01/22/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

DARA PETROLEUM INC

Borrower Address

79 County Road 520

Borrower City

Englishtown

Borrower State

NJ

Borrower Zip

07726-8475

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40695.00

Current Approval Amount

40695.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79203

Servicing Lender Name

OceanFirst Bank, National Association

Servicing Lender Address

975 Hooper Ave

Servicing Lender City

TOMS RIVER

Servicing Lender State

NJ

Servicing Lender Zip

08753-8320

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Englishtown

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07726-8475

CD

NJ-03

Jobs Reported

8

NAICS Code

447190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40694.00

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

Subchapter S Corporation

Originating Lender Location Id

79203

Originating Lender

OceanFirst Bank, National Association

Originating Lender City

TOMS RIVER

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41012.65

Forgiveness Date

11/10/2021

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