PPP Loan information for City petroleum inc

$60,400

City petroleum inc was initially approved for PPP Loan of amount $60,400, the current approved amount is $60,400. The loan was approved on 06/16/2020 by The Comerica Bank reported 15 jobs and $60,400 was used to fund payroll.

City petroleum inc is Existing or more than 2 years old

CITY PETROLEUM INC

Date Approved

06/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CITY PETROLEUM INC

Borrower Address

15100 GOULD ST

Borrower City

DEARBORN

Borrower State

MI

Borrower Zip

48126

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

60400.00

Current Approval Amount

60400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DEARBORN

Project County Name

WAYNE

Project State

MI

Project Zip

48126-0001

CD

MI-12

Jobs Reported

15

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60400.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60925.14

Forgiveness Date

04/29/2021

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