PPP Loan information for Raceway petroleum inc

$988,100

Raceway petroleum inc was initially approved for PPP Loan of amount $988,100, the current approved amount is $988,100. The loan was approved on 04/15/2020 by The Loan Source Incorporated reported 141 jobs and $988,100 was used to fund payroll.

Raceway petroleum inc is Existing or more than 2 years old

PPP Loan Search / NJ / PISCATAWAY / Raceway petroleum inc

RACEWAY PETROLEUM INC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RACEWAY PETROLEUM INC

Borrower Address

1411 Stelton Road

Borrower City

PISCATAWAY

Borrower State

NJ

Borrower Zip

08854-5965

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

988100.00

Current Approval Amount

988100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PISCATAWAY

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08854-5965

CD

NJ-06

Jobs Reported

141

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

988100.00

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

203241

Originating Lender

BCB Community Bank

Originating Lender City

BAYONNE

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1000823.48

Forgiveness Date

08/05/2021

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