PPP Loan information for Terra-petro development inc

$68,148

Terra-petro development inc was initially approved for PPP Loan of amount $68,148, the current approved amount is $68,148. The loan was approved on 01/17/2021 by The Pioneer Community Bank, Inc. reported 10 jobs and $68,148 was used to fund payroll.

Terra-petro development inc is Existing or more than 2 years old

TERRA-PETRO DEVELOPMENT INC

Date Approved

01/17/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

TERRA-PETRO DEVELOPMENT INC

Borrower Address

339 Rural Acres Dr

Borrower City

Beckley

Borrower State

WV

Borrower Zip

25801-3064

Loan Status Date

11/02/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

68148.30

Current Approval Amount

68148.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75177

Servicing Lender Name

Pioneer Community Bank, Inc.

Servicing Lender Address

5229 Coal Heritage Rd

Servicing Lender City

IAEGER

Servicing Lender State

WV

Servicing Lender Zip

24844

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Beckley

Project County Name

RALEIGH

Project State

WV

Project Zip

25801-3064

CD

WV-01

Jobs Reported

10

NAICS Code

445120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

68146.30

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

75177

Originating Lender

Pioneer Community Bank, Inc.

Originating Lender City

IAEGER

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68638.59

Forgiveness Date

10/14/2021

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