PPP Loan information for Improved petroleum recovery inc.

$482,500

Improved petroleum recovery inc. was initially approved for PPP Loan of amount $482,500, the current approved amount is $482,500. The loan was approved on 04/27/2020 by The BOM Bank reported 21 jobs and $482,500 was used to fund payroll.

Improved petroleum recovery inc. is Existing or more than 2 years old

PPP Loan Search / TX / IRVING / Improved petroleum recovery inc.

IMPROVED PETROLEUM RECOVERY INC.

Date Approved

04/27/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

IMPROVED PETROLEUM RECOVERY INC.

Borrower Address

909 LAKE CAROLYN PKWY SUITE 800

Borrower City

IRVING

Borrower State

TX

Borrower Zip

75039-3927

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

482500.00

Current Approval Amount

482500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28699

Servicing Lender Name

BOM Bank

Servicing Lender Address

814 Washington St

Servicing Lender City

NATCHITOCHES

Servicing Lender State

LA

Servicing Lender Zip

71457-4728

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IRVING

Project County Name

DALLAS

Project State

TX

Project Zip

75039-3927

CD

TX-06

Jobs Reported

21

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24100.00

Payroll Proceed

386000.00

Mortgage Interest Proceed

72400.00

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

28699

Originating Lender

BOM Bank

Originating Lender City

NATCHITOCHES

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

449596.72

Forgiveness Date

08/04/2021

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