PPP Loan information for Elite petroleum inc

$79,205

Elite petroleum inc was initially approved for PPP Loan of amount $79,205, the current approved amount is $79,205. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 13 jobs and $79,205 was used to fund payroll.

Elite petroleum inc is Existing or more than 2 years old

ELITE PETROLEUM INC

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

ELITE PETROLEUM INC

Borrower Address

4202 MAIN ST

Borrower City

SPRINGFIELD

Borrower State

OR

Borrower Zip

97478

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79205.00

Current Approval Amount

79205.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

LANE

Project State

OR

Project Zip

97478-2001

CD

OR-04

Jobs Reported

13

NAICS Code

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

57665.00

Mortgage Interest Proceed

0.00

Rent Proceed

18540.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

80035.11

Forgiveness Date

05/24/2021

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