PPP Loan information for Globe petroleum inc

$426,700

Globe petroleum inc was initially approved for PPP Loan of amount $426,700, the current approved amount is $426,700. The loan was approved on 04/27/2020 by The Loan Source Incorporated reported 38 jobs and $426,700 was used to fund payroll.

Globe petroleum inc is Existing or more than 2 years old

GLOBE PETROLEUM INC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

GLOBE PETROLEUM INC

Borrower Address

9 CENTRAL AVE

Borrower City

RED BANK

Borrower State

NJ

Borrower Zip

07701-1594

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

426699.55

Current Approval Amount

426699.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RED BANK

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07701-1594

CD

NJ-06

Jobs Reported

38

NAICS Code

454310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

426699.55

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

Unanswered

Non Profit

Forgiveness Amount

432310.94

Forgiveness Date

08/25/2021

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