PPP Loan information for Central petroleum equipment company

$131,192

Central petroleum equipment company was initially approved for PPP Loan of amount $131,192, the current approved amount is $131,192. The loan was approved on 01/17/2021 by The Midwest Bank reported 10 jobs and $131,192 was used to fund payroll.

Central petroleum equipment company is Existing or more than 2 years old

PPP Loan Search / IA / Blue Grass / Central petroleum equipment company

CENTRAL PETROLEUM EQUIPMENT COMPANY

Date Approved

01/17/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

CENTRAL PETROLEUM EQUIPMENT COMPANY

Borrower Address

109 Terrace Dr

Borrower City

Blue Grass

Borrower State

IA

Borrower Zip

52726-7701

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

131192.00

Current Approval Amount

131192.00

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

10

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

131191.00

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

132052.04

Forgiveness Date

09/21/2021

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