PPP Loan information for East coast petroleum inc

$1,955,390

East coast petroleum inc was initially approved for PPP Loan of amount $1,479,097, the current approved amount is $1,955,390. The loan was approved on 01/21/2021 by The Signature Bank reported 116 jobs and $1,955,390 was used to fund payroll.

East coast petroleum inc is Existing or more than 2 years old

PPP Loan Search / NY / Bronx / East coast petroleum inc

EAST COAST PETROLEUM INC

Date Approved

01/21/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

EAST COAST PETROLEUM INC

Borrower Address

340 Jackson Ave

Borrower City

Bronx

Borrower State

NY

Borrower Zip

10454-1619

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1479097.00

Current Approval Amount

1955390.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224478

Servicing Lender Name

Signature Bank

Servicing Lender Address

565 5th Ave, 12th Fl

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10017-2496

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bronx

Project County Name

BRONX

Project State

NY

Project Zip

10454-1619

CD

NY-15

Jobs Reported

116

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1955390.32

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

224478

Originating Lender

Signature Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1977676.41

Forgiveness Date

06/21/2022

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