PPP Loan information for Petroleum experience inc

$2,000,000

Petroleum experience inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/13/2021 by The First International Bank & Trust reported 56 jobs and $2,000,000 was used to fund payroll.

Petroleum experience inc is Existing or more than 2 years old

PPP Loan Search / ND / Williston / Petroleum experience inc

PETROLEUM EXPERIENCE INC

Date Approved

03/13/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

PETROLEUM EXPERIENCE INC

Borrower Address

1003 24th St W

Borrower City

Williston

Borrower State

ND

Borrower Zip

58801-3245

Loan Status Date

04/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52970

Servicing Lender Name

First International Bank & Trust

Servicing Lender Address

100 N Main St

Servicing Lender City

WATFORD CITY

Servicing Lender State

ND

Servicing Lender Zip

58854

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Williston

Project County Name

WILLIAMS

Project State

ND

Project Zip

58801-3245

CD

ND-

Jobs Reported

56

NAICS Code

213112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

Corporation

Originating Lender Location Id

52970

Originating Lender

First International Bank & Trust

Originating Lender City

WATFORD CITY

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2004246.98

Forgiveness Date

03/09/2022

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