PPP Loan information for Petroleum equipment company, inc.

$328,380

Petroleum equipment company, inc. was initially approved for PPP Loan of amount $328,380, the current approved amount is $328,380. The loan was approved on 04/11/2020 by The Trustmark National Bank reported 21 jobs and $328,380 was used to fund payroll.

Petroleum equipment company, inc. is Existing or more than 2 years old

PETROLEUM EQUIPMENT COMPANY, INC.

Date Approved

04/11/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

PETROLEUM EQUIPMENT COMPANY, INC.

Borrower Address

541 HIGHWAY 49 FRONTAGE RD

Borrower City

RICHLAND

Borrower State

MS

Borrower Zip

39218-9495

Loan Status Date

08/31/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

328379.78

Current Approval Amount

328379.78

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39334

Servicing Lender Name

Trustmark National Bank

Servicing Lender Address

248 E Capitol St

Servicing Lender City

JACKSON

Servicing Lender State

MS

Servicing Lender Zip

39201-2503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RICHLAND

Project County Name

RANKIN

Project State

MS

Project Zip

39218-9495

CD

MS-03

Jobs Reported

21

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

328379.78

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

39334

Originating Lender

Trustmark National Bank

Originating Lender City

JACKSON

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

332566.62

Forgiveness Date

07/26/2021

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