PPP Loan information for Texas petroleum investment company

$5,061,000

Texas petroleum investment company was initially approved for PPP Loan of amount $5,061,000, the current approved amount is $5,061,000. The loan was approved on 04/09/2020 by The Cadence Bank reported 169 jobs and $5,061,000 was used to fund payroll.

Texas petroleum investment company is Existing or more than 2 years old

PPP Loan Search / TX / HOUSTON / Texas petroleum investment company

TEXAS PETROLEUM INVESTMENT COMPANY

Date Approved

04/09/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

TEXAS PETROLEUM INVESTMENT COMPANY

Borrower Address

5850 SAN FELIPE ST SUITE 250

Borrower City

HOUSTON

Borrower State

TX

Borrower Zip

77057-3012

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

5061000.00

Current Approval Amount

5061000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOUSTON

Project County Name

HARRIS

Project State

TX

Project Zip

77057-3012

CD

TX-38

Jobs Reported

169

NAICS Code

211120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5061000.00

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

Subchapter S Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4799420.37

Forgiveness Date

02/01/2022

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