PPP Loan information for Hood petroleum inc.

$195,384

Hood petroleum inc. was initially approved for PPP Loan of amount $195,384, the current approved amount is $195,384. The loan was approved on 01/30/2021 by The Origin Bank reported 8 jobs and $195,384 was used to fund payroll.

Hood petroleum inc. is Existing or more than 2 years old

HOOD PETROLEUM INC.

Date Approved

01/30/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

HOOD PETROLEUM INC.

Borrower Address

112 E Georgia Ave

Borrower City

Ruston

Borrower State

LA

Borrower Zip

71270-3804

Loan Status Date

06/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

195384.00

Current Approval Amount

195384.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ruston

Project County Name

LINCOLN

Project State

LA

Project Zip

71270-3804

CD

LA-05

Jobs Reported

8

NAICS Code

541611

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

195382.00

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

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

197989.12

Forgiveness Date

06/01/2022

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