PPP Loan information for Petro chemical energy, inc

$123,623

Petro chemical energy, inc was initially approved for PPP Loan of amount $123,623, the current approved amount is $123,623. The loan was approved on 04/13/2020 by The First Metro Bank reported 14 jobs and $123,623 was used to fund payroll.

Petro chemical energy, inc is Existing or more than 2 years old

PETRO CHEMICAL ENERGY, INC

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

123623.00

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

RUSSELLVILLE

Project County Name

FRANKLIN

Project State

AL

Project Zip

35653-2352

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

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112619

Originating Lender

First Metro Bank

Originating Lender City

MUSCLE SHOALS

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

114263.71

Forgiveness Date

11/09/2020

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