PPP Loan information for Penroc oil corporation

$44,375

Penroc oil corporation was initially approved for PPP Loan of amount $44,375, the current approved amount is $44,375. The loan was approved on 03/03/2021 by The Prosperity Bank reported 3 jobs and $44,375 was used to fund payroll.

Penroc oil corporation is Existing or more than 2 years old

PPP Loan Search / NM / Hobbs / Penroc oil corporation

PENROC OIL CORPORATION

Date Approved

03/03/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

PENROC OIL CORPORATION

Borrower Address

1515 W Calle Sur St Ste 174

Borrower City

Hobbs

Borrower State

NM

Borrower Zip

88240-0998

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44375.00

Current Approval Amount

44375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hobbs

Project County Name

LEA

Project State

NM

Project Zip

88240-0998

CD

NM-03

Jobs Reported

3

NAICS Code

211120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

44375.00

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

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

44666.78

Forgiveness Date

11/08/2021

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