PPP Loan information for Red-sea petroleum inc

$8,545

Red-sea petroleum inc was initially approved for PPP Loan of amount $8,545, the current approved amount is $8,545. The loan was approved on 03/10/2021 by The Bank of America, National Association reported 2 jobs and $8,545 was used to fund payroll.

Red-sea petroleum inc is Existing or more than 2 years old

PPP Loan Search / MD / Brooklyn / Red-sea petroleum inc

RED-SEA PETROLEUM INC

Date Approved

03/10/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

RED-SEA PETROLEUM INC

Borrower Address

101 W Patapsco Ave

Borrower City

Brooklyn

Borrower State

MD

Borrower Zip

21225-1616

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

8545.00

Current Approval Amount

8545.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

BALTIMORE CITY

Project State

MD

Project Zip

21225-1616

CD

MD-07

Jobs Reported

2

NAICS Code

445120

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

8543.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

8616.64

Forgiveness Date

01/13/2022

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