PPP Loan information for Petrotest inc

$40,960

Petrotest inc was initially approved for PPP Loan of amount $40,960, the current approved amount is $40,960. The loan was approved on 04/13/2020 by The Atlantic Union Bank reported 6 jobs and $40,960 was used to fund payroll.

Petrotest inc is New Business or 2 years or less

PETROTEST INC

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PETROTEST INC

Borrower Address

7 DAWN RD

Borrower City

BENSON

Borrower State

NC

Borrower Zip

27504-9785

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40960.00

Current Approval Amount

40960.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

BENSON

Project County Name

JOHNSTON

Project State

NC

Project Zip

27504-9785

CD

NC-13

Jobs Reported

6

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40960.00

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

Subchapter S Corporation

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41347.98

Forgiveness Date

04/01/2021

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