PPP Loan information for Northeast petroleum technologies, inc.

$603,700

Northeast petroleum technologies, inc. was initially approved for PPP Loan of amount $603,700, the current approved amount is $603,700. The loan was approved on 04/06/2020 by The First National Bank of Scotia reported 37 jobs and $603,700 was used to fund payroll.

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

PPP Loan Search / NY / SCHENECTADY / Northeast petroleum technologies, inc.

NORTHEAST PETROLEUM TECHNOLOGIES, INC.

Date Approved

04/06/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

NORTHEAST PETROLEUM TECHNOLOGIES, INC.

Borrower Address

2940 Curry Road

Borrower City

SCHENECTADY

Borrower State

NY

Borrower Zip

12303-2825

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

603700.00

Current Approval Amount

603700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50241

Servicing Lender Name

First National Bank of Scotia

Servicing Lender Address

201 Mohawk Ave

Servicing Lender City

SCOTIA

Servicing Lender State

NY

Servicing Lender Zip

12302-2128

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCHENECTADY

Project County Name

ALBANY

Project State

NY

Project Zip

12303-2825

CD

NY-20

Jobs Reported

37

NAICS Code

213112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

603700.00

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

50241

Originating Lender

First National Bank of Scotia

Originating Lender City

SCOTIA

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

607070.66

Forgiveness Date

11/03/2020

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