PPP Loan information for Central petroleum equipment

$121,880

Central petroleum equipment was initially approved for PPP Loan of amount $121,880, the current approved amount is $121,880. The loan was approved on 04/09/2020 by The Midwest Bank reported 9 jobs and $121,880 was used to fund payroll.

Central petroleum equipment is Existing or more than 2 years old

PPP Loan Search / IA / BLUE GRASS / Central petroleum equipment

CENTRAL PETROLEUM EQUIPMENT

Date Approved

04/09/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

CENTRAL PETROLEUM EQUIPMENT

Borrower Address

109 Terrace Drive

Borrower City

BLUE GRASS

Borrower State

IA

Borrower Zip

52726-7701

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121880.00

Current Approval Amount

121880.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22083

Servicing Lender Name

Midwest Bank

Servicing Lender Address

200 E Broadway

Servicing Lender City

MONMOUTH

Servicing Lender State

IL

Servicing Lender Zip

61462-1871

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLUE GRASS

Project County Name

SCOTT

Project State

IA

Project Zip

52726-7701

CD

IA-01

Jobs Reported

9

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

121880.00

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

22083

Originating Lender

Midwest Bank

Originating Lender City

MONMOUTH

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

122773.79

Forgiveness Date

01/07/2021

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