PPP Loan information for Thomas petroleum inc

$194,905

Thomas petroleum inc was initially approved for PPP Loan of amount $194,905, the current approved amount is $194,905. The loan was approved on 04/06/2020 by The Partners Bank reported 40 jobs and $194,905 was used to fund payroll.

Thomas petroleum inc is Existing or more than 2 years old

THOMAS PETROLEUM INC

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

THOMAS PETROLEUM INC

Borrower Address

3053 highway 49

Borrower City

WEST HELENA

Borrower State

AR

Borrower Zip

72390-9437

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

194904.92

Current Approval Amount

194904.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4387

Servicing Lender Name

Partners Bank

Servicing Lender Address

302 Cherry St

Servicing Lender City

HELENA

Servicing Lender State

AR

Servicing Lender Zip

72342-3506

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST HELENA

Project County Name

PHILLIPS

Project State

AR

Project Zip

72390-9437

CD

AR-01

Jobs Reported

40

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

194904.92

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

Subchapter S Corporation

Originating Lender Location Id

4387

Originating Lender

Partners Bank

Originating Lender City

HELENA

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

196079.76

Forgiveness Date

11/20/2020

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