PPP Loan information for Terra-petro development, inc.

$69,800

Terra-petro development, inc. was initially approved for PPP Loan of amount $69,800, the current approved amount is $69,800. The loan was approved on 04/14/2020 by The First Exchange Bank reported 8 jobs and $69,800 was used to fund payroll.

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

PPP Loan Search / WV / BECKLEY / Terra-petro development, inc.

TERRA-PETRO DEVELOPMENT, INC.

Date Approved

04/14/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

TERRA-PETRO DEVELOPMENT, INC.

Borrower Address

339 Rural Acres Drive

Borrower City

BECKLEY

Borrower State

WV

Borrower Zip

25801

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69800.00

Current Approval Amount

69800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75183

Servicing Lender Name

First Exchange Bank

Servicing Lender Address

1 Heritage Way

Servicing Lender City

WHITE HALL

Servicing Lender State

WV

Servicing Lender Zip

26554-4191

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

25801-0001

CD

WV-01

Jobs Reported

8

NAICS Code

445120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12517.00

Payroll Proceed

55842.00

Mortgage Interest Proceed

1441.00

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

75183

Originating Lender

First Exchange Bank

Originating Lender City

WHITE HALL

Originating Lender State

WV

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

60178.73

Forgiveness Date

12/08/2020

;