PPP Loan information for Saveway petroleum, inc

$497,100

Saveway petroleum, inc was initially approved for PPP Loan of amount $497,100, the current approved amount is $497,100. The loan was approved on 04/29/2020 by The Hometown Bank reported 50 jobs and $497,100 was used to fund payroll.

Saveway petroleum, inc is Existing or more than 2 years old

PPP Loan Search / CT / DANIELSON / Saveway petroleum, inc

SAVEWAY PETROLEUM, INC

Date Approved

04/29/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

SAVEWAY PETROLEUM, INC

Borrower Address

PO BOX 900

Borrower City

DANIELSON

Borrower State

CT

Borrower Zip

06239-0900

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

497100.00

Current Approval Amount

497100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89228

Servicing Lender Name

Hometown Bank

Servicing Lender Address

31 Sutton Ave

Servicing Lender City

OXFORD

Servicing Lender State

MA

Servicing Lender Zip

01540-1755

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DANIELSON

Project County Name

WINDHAM

Project State

CT

Project Zip

06239-0900

CD

CT-02

Jobs Reported

50

NAICS Code

454310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

497100.00

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

89228

Originating Lender

Hometown Bank

Originating Lender City

OXFORD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

499919.17

Forgiveness Date

11/25/2020

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