PPP Loan information for Petroleum products inc.

$41,325

Petroleum products inc. was initially approved for PPP Loan of amount $41,325, the current approved amount is $41,325. The loan was approved on 04/10/2020 by The Old Second National Bank reported 8 jobs and $41,325 was used to fund payroll.

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

PPP Loan Search / IL / DOLTON / Petroleum products inc.

PETROLEUM PRODUCTS INC.

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PETROLEUM PRODUCTS INC.

Borrower Address

110 E. Sibley Blvd.

Borrower City

DOLTON

Borrower State

IL

Borrower Zip

60419-1639

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41325.00

Current Approval Amount

41325.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DOLTON

Project County Name

COOK

Project State

IL

Project Zip

60419-1639

CD

IL-02

Jobs Reported

8

NAICS Code

811191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41325.00

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

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41671.67

Forgiveness Date

02/17/2021

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