PPP Loan information for Townsend petroleum inc.

$39,360

Townsend petroleum inc. was initially approved for PPP Loan of amount $39,360, the current approved amount is $39,360. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 5 jobs and $39,360 was used to fund payroll.

Townsend petroleum inc. is Existing or more than 2 years old

PPP Loan Search / IA / IOWA CITY / Townsend petroleum inc.

TOWNSEND PETROLEUM INC.

Date Approved

05/01/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

TOWNSEND PETROLEUM INC.

Borrower Address

600 RIVERSIDE DR S

Borrower City

IOWA CITY

Borrower State

IA

Borrower Zip

52246

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39360.00

Current Approval Amount

39360.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

IOWA CITY

Project County Name

JOHNSON

Project State

IA

Project Zip

52246-0001

CD

IA-01

Jobs Reported

5

NAICS Code

424720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

39360.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

39897.92

Forgiveness Date

09/10/2021

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