PPP Loan information for Much more petroleum, inc.

$15,543

Much more petroleum, inc. was initially approved for PPP Loan of amount $15,543, the current approved amount is $15,543. The loan was approved on 04/10/2020 by The First Metro Bank reported 4 jobs and $15,543 was used to fund payroll.

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

PPP Loan Search / AL / MUSCLE SHOALS / Much more petroleum, inc.

MUCH MORE PETROLEUM, INC.

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MUCH MORE PETROLEUM, INC.

Borrower Address

1300 WOODWARD AVE

Borrower City

MUSCLE SHOALS

Borrower State

AL

Borrower Zip

35661-2236

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15543.00

Current Approval Amount

15543.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112619

Servicing Lender Name

First Metro Bank

Servicing Lender Address

406 W Avalon Ave

Servicing Lender City

MUSCLE SHOALS

Servicing Lender State

AL

Servicing Lender Zip

35661-2808

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSCLE SHOALS

Project County Name

COLBERT

Project State

AL

Project Zip

35661-2236

CD

AL-04

Jobs Reported

4

NAICS Code

447110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1554.30

Payroll Proceed

11657.25

Mortgage Interest Proceed

2331.45

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

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

15671.66

Forgiveness Date

02/09/2021

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