PPP Loan information for Riverside petroleum co.

$240,700

Riverside petroleum co. was initially approved for PPP Loan of amount $240,700, the current approved amount is $240,700. The loan was approved on 04/11/2020 by The TowneBank reported 25 jobs and $240,700 was used to fund payroll.

Riverside petroleum co. is Existing or more than 2 years old

PPP Loan Search / VA / NEWPORT NEWS / Riverside petroleum co.

RIVERSIDE PETROLEUM CO.

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

RIVERSIDE PETROLEUM CO.

Borrower Address

12549 Warwick Blvd

Borrower City

NEWPORT NEWS

Borrower State

VA

Borrower Zip

23606-2641

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

240700.00

Current Approval Amount

240700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT NEWS

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23606-2641

CD

VA-03

Jobs Reported

25

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

240700.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

242752.64

Forgiveness Date

02/25/2021

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