PPP Loan information for Petroplex office supply inc

$330,940

Petroplex office supply inc was initially approved for PPP Loan of amount $330,940, the current approved amount is $330,940. The loan was approved on 01/29/2021 by The American Momentum Bank reported 28 jobs and $330,940 was used to fund payroll.

Petroplex office supply inc is Existing or more than 2 years old

PETROPLEX OFFICE SUPPLY INC

Date Approved

01/29/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

PETROPLEX OFFICE SUPPLY INC

Borrower Address

1601 N Lee Ave

Borrower City

Odessa

Borrower State

TX

Borrower Zip

79761-2565

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

330940.00

Current Approval Amount

330940.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444341

Servicing Lender Name

American Momentum Bank

Servicing Lender Address

1 Momentum Blvd

Servicing Lender City

COLLEGE STATION

Servicing Lender State

TX

Servicing Lender Zip

77845-6199

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Odessa

Project County Name

ECTOR

Project State

TX

Project Zip

79761-2565

CD

TX-11

Jobs Reported

28

NAICS Code

453210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

330939.00

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

444341

Originating Lender

American Momentum Bank

Originating Lender City

COLLEGE STATION

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

335058.36

Forgiveness Date

04/27/2022

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