PPP Loan information for Petro travel center

$867,700

Petro travel center was initially approved for PPP Loan of amount $867,700, the current approved amount is $867,700. The loan was approved on 04/10/2020 by The Peoples Bank of Alabama reported 173 jobs and $867,700 was used to fund payroll.

Petro travel center is Existing or more than 2 years old

PPP Loan Search / AL / HANCEVILLE / Petro travel center

PETRO TRAVEL CENTER

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PETRO TRAVEL CENTER

Borrower Address

426 AL HWY 69S

Borrower City

HANCEVILLE

Borrower State

AL

Borrower Zip

35077

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

867700.00

Current Approval Amount

867700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HANCEVILLE

Project County Name

CULLMAN

Project State

AL

Project Zip

35077-0001

CD

AL-04

Jobs Reported

173

NAICS Code

445120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

100000.00

Payroll Proceed

646874.00

Mortgage Interest Proceed

0.00

Rent Proceed

120826.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

878811.38

Forgiveness Date

07/22/2021

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