Date Approved
04/13/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
PETRO CHEMICAL ENERGY, INC
Borrower Address
107 MADISON ST
Borrower City
RUSSELLVILLE
Borrower State
AL
Borrower Zip
35653-2352
Loan Status Date
03/16/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
123623.00
Current Approval Amount
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
Servicing Lender Zip
35661-2808
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
FRANKLIN
Project State
Project Zip
CD
AL-04
Jobs Reported
14
NAICS Code
541620
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
12362.30
Payroll Proceed
92717.25
Mortgage Interest Proceed
18543.45
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
114263.71
Forgiveness Date
11/09/2020