PPP Loan information for First petroleum management, llc

$318,600

First petroleum management, llc was initially approved for PPP Loan of amount $318,600, the current approved amount is $318,600. The loan was approved on 04/03/2020 by The Cornerstone Bank reported 17 jobs and $318,600 was used to fund payroll.

First petroleum management, llc is Existing or more than 2 years old

PPP Loan Search / MA / SHARON / First petroleum management, llc

FIRST PETROLEUM MANAGEMENT, LLC

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FIRST PETROLEUM MANAGEMENT, LLC

Borrower Address

348 EAST ST

Borrower City

SHARON

Borrower State

MA

Borrower Zip

02067-1357

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

318600.00

Current Approval Amount

318600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHARON

Project County Name

NORFOLK

Project State

MA

Project Zip

02067-1357

CD

MA-04

Jobs Reported

17

NAICS Code

424720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

318600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

320918.70

Forgiveness Date

01/11/2021

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