PPP Loan information for First petroleum management

$307,502

First petroleum management was initially approved for PPP Loan of amount $307,502, the current approved amount is $307,502. The loan was approved on 01/28/2021 by The Cross River Bank reported 15 jobs and $307,502 was used to fund payroll.

First petroleum management is Existing or more than 2 years old

FIRST PETROLEUM MANAGEMENT

Date Approved

01/28/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

FIRST PETROLEUM MANAGEMENT

Borrower Address

348 East St

Borrower City

Sharon

Borrower State

MA

Borrower Zip

02067-1357

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

307502.00

Current Approval Amount

307502.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sharon

Project County Name

NORFOLK

Project State

MA

Project Zip

02067-1357

CD

MA-04

Jobs Reported

15

NAICS Code

486910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

307497.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

309801.95

Forgiveness Date

11/24/2021

;