PPP Loan information for Ibb petroleum services inc

$41,000

Ibb petroleum services inc was initially approved for PPP Loan of amount $41,000, the current approved amount is $41,000. The loan was approved on 03/26/2021 by The JPMorgan Chase Bank, National Association reported 7 jobs and $41,000 was used to fund payroll.

Ibb petroleum services inc is Existing or more than 2 years old

IBB PETROLEUM SERVICES INC

Date Approved

03/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

IBB PETROLEUM SERVICES INC

Borrower Address

22821 Dequindre Rd

Borrower City

Hazel Park

Borrower State

MI

Borrower Zip

48030-1948

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

41000.00

Current Approval Amount

41000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hazel Park

Project County Name

OAKLAND

Project State

MI

Project Zip

48030-1948

CD

MI-11

Jobs Reported

7

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

40998.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41243.31

Forgiveness Date

11/03/2021

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