PPP Loan information for Petroleum laboratories inc.

$199,095

Petroleum laboratories inc. was initially approved for PPP Loan of amount $199,095, the current approved amount is $199,095. The loan was approved on 04/08/2020 by The b1BANK reported 18 jobs and $199,095 was used to fund payroll.

Petroleum laboratories inc. is Existing or more than 2 years old

PPP Loan Search / LA / HOUMA / Petroleum laboratories inc.

PETROLEUM LABORATORIES INC.

Date Approved

04/08/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

PETROLEUM LABORATORIES INC.

Borrower Address

CLEVELAND ST

Borrower City

HOUMA

Borrower State

LA

Borrower Zip

70363-6717

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

199095.00

Current Approval Amount

199095.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437878

Servicing Lender Name

b1BANK

Servicing Lender Address

500 Laurel St, Ste 101

Servicing Lender City

BATON ROUGE

Servicing Lender State

LA

Servicing Lender Zip

70801-1811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOUMA

Project County Name

TERREBONNE

Project State

LA

Project Zip

70363-6717

CD

LA-01

Jobs Reported

18

NAICS Code

541380

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4695.00

Payroll Proceed

180000.00

Mortgage Interest Proceed

0.00

Rent Proceed

14400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

437878

Originating Lender

b1BANK

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

200754.12

Forgiveness Date

02/11/2021

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