PPP Loan information for Petro-oil incorporated

$43,000

Petro-oil incorporated was initially approved for PPP Loan of amount $43,000, the current approved amount is $43,000. The loan was approved on 02/22/2021 by The Prevail Bank reported 5 jobs and $43,000 was used to fund payroll.

Petro-oil incorporated is Existing or more than 2 years old

PPP Loan Search / WI / Gotham / Petro-oil incorporated

PETRO-OIL INCORPORATED

Date Approved

02/22/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

PETRO-OIL INCORPORATED

Borrower Address

32845 US Hwy 14 St

Borrower City

Gotham

Borrower State

WI

Borrower Zip

53540-9723

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

43000.00

Current Approval Amount

43000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81561

Servicing Lender Name

Prevail Bank

Servicing Lender Address

675 E Broadway Ave

Servicing Lender City

MEDFORD

Servicing Lender State

WI

Servicing Lender Zip

54451-1526

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gotham

Project County Name

RICHLAND

Project State

WI

Project Zip

53540-9723

CD

WI-03

Jobs Reported

5

NAICS Code

424720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

43000.00

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

Subchapter S Corporation

Originating Lender Location Id

81561

Originating Lender

Prevail Bank

Originating Lender City

MEDFORD

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

43323.69

Forgiveness Date

12/01/2021

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