PPP Loan information for Petroleum ventures, inc.

$82,840

Petroleum ventures, inc. was initially approved for PPP Loan of amount $82,840, the current approved amount is $82,840. The loan was approved on 01/25/2021 by The Reading Co-Operative Bank reported 12 jobs and $82,840 was used to fund payroll.

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

PPP Loan Search / MA / Reading / Petroleum ventures, inc.

PETROLEUM VENTURES, INC.

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

PETROLEUM VENTURES, INC.

Borrower Address

19 Percy Ave

Borrower City

Reading

Borrower State

MA

Borrower Zip

01867-3551

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

82840.00

Current Approval Amount

82840.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89358

Servicing Lender Name

Reading Co-Operative Bank

Servicing Lender Address

180 Haven St

Servicing Lender City

READING

Servicing Lender State

MA

Servicing Lender Zip

01867-2921

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Reading

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01867-3551

CD

MA-06

Jobs Reported

12

NAICS Code

447190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

82839.00

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

Corporation

Originating Lender Location Id

89358

Originating Lender

Reading Co-Operative Bank

Originating Lender City

READING

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

83725.93

Forgiveness Date

02/15/2022

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