PPP Loan information for General petro chem industrial

$584,800

General petro chem industrial was initially approved for PPP Loan of amount $584,800, the current approved amount is $584,800. The loan was approved on 01/26/2021 by The Regions Bank reported 45 jobs and $584,800 was used to fund payroll.

General petro chem industrial is Existing or more than 2 years old

GENERAL PETRO CHEM INDUSTRIAL

Date Approved

01/26/2021

SBA Office Code

0671

Processing Method

PPS

Borrower Name

GENERAL PETRO CHEM INDUSTRIAL

Borrower Address

1903 County Road 129

Borrower City

Pearland

Borrower State

TX

Borrower Zip

77581-6246

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

584800.00

Current Approval Amount

584800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pearland

Project County Name

BRAZORIA

Project State

TX

Project Zip

77581-6246

CD

TX-22

Jobs Reported

45

NAICS Code

325110

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

584798.00

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

Independent Contractors

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

589414.31

Forgiveness Date

11/19/2021

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