Date Approved
04/15/2020
SBA Office Code
0470
Processing Method
PPP
Borrower Name
PETRO AUTOMOTIVE GROUP INC
Borrower Address
6248 U S HIGHWAY 98
Borrower City
HATTIESBURG
Borrower State
MS
Borrower Zip
39402-8531
Loan Status Date
08/13/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
738260.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
120708
Servicing Lender Name
The First Bank
Servicing Lender Address
6480 Hwy 98, West
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
39402
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LAMAR
Project State
Project Zip
CD
MS-04
Jobs Reported
80
NAICS Code
441110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
30502.00
Payroll Proceed
551746.00
Mortgage Interest Proceed
22000.00
Rent Proceed
54000.00
Refinance EIDL Proceed
Health Care Proceed
43356.00
Debt Interest Proceed
36656
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
747877.89
Forgiveness Date
08/04/2021