PPP Loan information for Petroleum engineering, inc.

$500,890

Petroleum engineering, inc. was initially approved for PPP Loan of amount $500,890, the current approved amount is $500,890. The loan was approved on 04/28/2020 by The Middlesex Savings Bank reported 25 jobs and $500,890 was used to fund payroll.

Petroleum engineering, inc. is Existing or more than 2 years old

PPP Loan Search / MA / BELLINGHAM / Petroleum engineering, inc.

PETROLEUM ENGINEERING, INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PETROLEUM ENGINEERING, INC.

Borrower Address

12 WILLIAMS WAY

Borrower City

BELLINGHAM

Borrower State

MA

Borrower Zip

02019-1527

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500890.00

Current Approval Amount

500890.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33108

Servicing Lender Name

Middlesex Savings Bank

Servicing Lender Address

6 Main St

Servicing Lender City

NATICK

Servicing Lender State

MA

Servicing Lender Zip

01760-4506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELLINGHAM

Project County Name

NORFOLK

Project State

MA

Project Zip

02019-1527

CD

MA-04

Jobs Reported

25

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2890.00

Payroll Proceed

450000.00

Mortgage Interest Proceed

48000.00

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

33108

Originating Lender

Middlesex Savings Bank

Originating Lender City

NATICK

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

504424.06

Forgiveness Date

01/11/2021

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