PPP Loan information for Petrochem materials inovation llc

$1,311,500

Petrochem materials inovation llc was initially approved for PPP Loan of amount $1,311,500, the current approved amount is $1,311,500. The loan was approved on 01/29/2021 by The Comerica Bank reported 58 jobs and $1,311,500 was used to fund payroll.

Petrochem materials inovation llc is Existing or more than 2 years old

PETROCHEM MATERIALS INOVATION LLC

Date Approved

01/29/2021

SBA Office Code

0954

Processing Method

PPS

Borrower Name

PETROCHEM MATERIALS INOVATION LLC

Borrower Address

6168 Innovation Way

Borrower City

Carlsbad

Borrower State

CA

Borrower Zip

92009-1728

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1311500.00

Current Approval Amount

1311500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Carlsbad

Project County Name

SAN DIEGO

Project State

CA

Project Zip

92009-1728

CD

CA-49

Jobs Reported

58

NAICS Code

324121

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1311495.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1319223.28

Forgiveness Date

09/07/2021

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