PPP Loan information for Penroc oil corporation

$48,100

Penroc oil corporation was initially approved for PPP Loan of amount $41,800, the current approved amount is $48,100. The loan was approved on 04/28/2020 by The Prosperity Bank reported 3 jobs and $48,100 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

04/28/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

PENROC OIL CORPORATION

Borrower Address

1515 W Calle Sur Suite 714

Borrower City

Hobbs

Borrower State

NM

Borrower Zip

88240-0998

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41800.00

Current Approval Amount

48100.00

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

48100.00

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

48349.07

Forgiveness Date

11/05/2020

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