PPP Loan information for Reading petroleum inc

$18,985

Reading petroleum inc was initially approved for PPP Loan of amount $18,985, the current approved amount is $18,985. The loan was approved on 02/05/2021 by The Salem Five Cents Savings Bank reported 4 jobs and $18,985 was used to fund payroll.

Reading petroleum inc is Existing or more than 2 years old

PPP Loan Search / MA / Reading / Reading petroleum inc

READING PETROLEUM INC

Date Approved

02/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

READING PETROLEUM INC

Borrower Address

431 Main St

Borrower City

Reading

Borrower State

MA

Borrower Zip

01867-3137

Loan Status Date

02/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

18985.00

Current Approval Amount

18985.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

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

01867-3137

CD

MA-06

Jobs Reported

4

NAICS Code

447110

Race

Native Hawaiian or Other Pacific Islander

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

18979.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

19159.03

Forgiveness Date

01/06/2022

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