PPP Loan information for Petroleum ventures, inc.

$72,816

Petroleum ventures, inc. was initially approved for PPP Loan of amount $72,816, the current approved amount is $72,816. The loan was approved on 04/11/2020 by The Reading Co-Operative Bank reported 16 jobs and $72,816 was used to fund payroll.

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

PPP Loan Search / MA / READING / Petroleum ventures, inc.

PETROLEUM VENTURES, INC.

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PETROLEUM VENTURES, INC.

Borrower Address

19 Percy Ave

Borrower City

READING

Borrower State

MA

Borrower Zip

01867-3551

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72816.00

Current Approval Amount

72816.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89358

Servicing Lender Name

Reading Co-Operative Bank

Servicing Lender Address

180 Haven St

Servicing Lender City

READING

Servicing Lender State

MA

Servicing Lender Zip

01867-2921

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

READING

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01867-3551

CD

MA-06

Jobs Reported

16

NAICS Code

424720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

72816.00

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

89358

Originating Lender

Reading Co-Operative Bank

Originating Lender City

READING

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73754.52

Forgiveness Date

07/30/2021

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