PPP Loan information for Powerline petroleum llc

$47,916

Powerline petroleum llc was initially approved for PPP Loan of amount $47,916, the current approved amount is $47,916. The loan was approved on 04/28/2020 by The First Federal Savings Bank of Champaign-Urbana reported 3 jobs and $47,916 was used to fund payroll.

Powerline petroleum llc is Existing or more than 2 years old

PPP Loan Search / IL / CHAMPAIGN / Powerline petroleum llc

POWERLINE PETROLEUM LLC

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

POWERLINE PETROLEUM LLC

Borrower Address

2919 Crossing Court Suite 1

Borrower City

CHAMPAIGN

Borrower State

IL

Borrower Zip

61822-5904

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47916.00

Current Approval Amount

47916.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79362

Servicing Lender Name

First Federal Savings Bank of Champaign-Urbana

Servicing Lender Address

1311 S Neil St

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-6558

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHAMPAIGN

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61822-5904

CD

IL-13

Jobs Reported

3

NAICS Code

523130

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47916.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

79362

Originating Lender

First Federal Savings Bank of Champaign-Urbana

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

48288.68

Forgiveness Date

02/09/2021

;