PPP Loan information for Louisiana petroleum operating co inc

$286,800

Louisiana petroleum operating co inc was initially approved for PPP Loan of amount $286,800, the current approved amount is $286,800. The loan was approved on 04/16/2020 by The Regions Bank reported 20 jobs and $286,800 was used to fund payroll.

Louisiana petroleum operating co inc is Existing or more than 2 years old

LOUISIANA PETROLEUM OPERATING CO INC

Date Approved

04/16/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

LOUISIANA PETROLEUM OPERATING CO INC

Borrower Address

1006 Highway 1 North,

Borrower City

Oil City

Borrower State

LA

Borrower Zip

71061-9737

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

286800.00

Current Approval Amount

286800.00

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

Oil City

Project County Name

CADDO

Project State

LA

Project Zip

71061-9737

CD

LA-04

Jobs Reported

20

NAICS Code

213112

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

286800.00

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

Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

288960.82

Forgiveness Date

01/28/2021

;