PPP Loan information for R & z petroleum inc.

$41,058

R & z petroleum inc. was initially approved for PPP Loan of amount $41,058, the current approved amount is $41,058. The loan was approved on 04/15/2020 by The Eastern Bank reported 7 jobs and $41,058 was used to fund payroll.

R & z petroleum inc. is Existing or more than 2 years old

R & Z PETROLEUM INC.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

R & Z PETROLEUM INC.

Borrower Address

19 HERSEY ST

Borrower City

SALEM

Borrower State

MA

Borrower Zip

01970

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41057.50

Current Approval Amount

41057.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

ESSEX

Project State

MA

Project Zip

01970-0001

CD

MA-06

Jobs Reported

7

NAICS Code

811111

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41057.50

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

41432.72

Forgiveness Date

03/18/2021

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