PPP Loan information for Jay petroleum, inc.

$1,884,100

Jay petroleum, inc. was initially approved for PPP Loan of amount $1,884,100, the current approved amount is $1,884,100. The loan was approved on 04/14/2020 by The Regions Bank reported 401 jobs and $1,884,100 was used to fund payroll.

Jay petroleum, inc. is Existing or more than 2 years old

PPP Loan Search / IN / PORTLAND / Jay petroleum, inc.

JAY PETROLEUM, INC.

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

JAY PETROLEUM, INC.

Borrower Address

533 S 200 W

Borrower City

PORTLAND

Borrower State

IN

Borrower Zip

47371-8309

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1884100.00

Current Approval Amount

1884100.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PORTLAND

Project County Name

JAY

Project State

IN

Project Zip

47371-8309

CD

IN-03

Jobs Reported

401

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1884100.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1894165.74

Forgiveness Date

11/03/2020

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