PPP Loan information for Master petroleum co. inc.

$1,311,955

Master petroleum co. inc. was initially approved for PPP Loan of amount $1,311,955, the current approved amount is $1,311,955. The loan was approved on 01/27/2021 by The Mountain Valley Bank reported 88 jobs and $1,311,955 was used to fund payroll.

Master petroleum co. inc. is Existing or more than 2 years old

MASTER PETROLEUM CO. INC.

Date Approved

01/27/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

MASTER PETROLEUM CO. INC.

Borrower Address

1650 Main St

Borrower City

Silt

Borrower State

CO

Borrower Zip

81652-8839

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1311955.00

Current Approval Amount

1311955.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15766

Servicing Lender Name

Mountain Valley Bank

Servicing Lender Address

461 Main St

Servicing Lender City

WALDEN

Servicing Lender State

CO

Servicing Lender Zip

80480

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Silt

Project County Name

GARFIELD

Project State

CO

Project Zip

81652-8839

CD

CO-03

Jobs Reported

88

NAICS Code

424710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1311953.00

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

15766

Originating Lender

Mountain Valley Bank

Originating Lender City

WALDEN

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1317968.13

Forgiveness Date

07/13/2021

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