PPP Loan information for Silver petroleum

$25,000

Silver petroleum was initially approved for PPP Loan of amount $25,000, the current approved amount is $25,000. The loan was approved on 01/20/2021 by The Chelsea State Bank reported 4 jobs and $25,000 was used to fund payroll.

Silver petroleum is Existing or more than 2 years old

SILVER PETROLEUM

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SILVER PETROLEUM

Borrower Address

7177 Dexter Ann Arbor Rd

Borrower City

Dexter

Borrower State

MI

Borrower Zip

48130-8575

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

25000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33691

Servicing Lender Name

Chelsea State Bank

Servicing Lender Address

1010 S Main St

Servicing Lender City

CHELSEA

Servicing Lender State

MI

Servicing Lender Zip

48118-1435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dexter

Project County Name

WASHTENAW

Project State

MI

Project Zip

48130-8575

CD

MI-06

Jobs Reported

4

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

24996.00

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

33691

Originating Lender

Chelsea State Bank

Originating Lender City

CHELSEA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25302.74

Forgiveness Date

04/14/2022

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