PPP Loan information for Louisiana petroleum operating co inc

$281,807

Louisiana petroleum operating co inc was initially approved for PPP Loan of amount $281,807, the current approved amount is $281,807. The loan was approved on 01/28/2021 by The Regions Bank reported 24 jobs and $281,807 was used to fund payroll.

Louisiana petroleum operating co inc is Existing or more than 2 years old

LOUISIANA PETROLEUM OPERATING CO INC

Date Approved

01/28/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

LOUISIANA PETROLEUM OPERATING CO INC

Borrower Address

1006 Highway 1 North

Borrower City

Oil City

Borrower State

LA

Borrower Zip

71061

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

281807.00

Current Approval Amount

281807.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oil City

Project County Name

CADDO

Project State

LA

Project Zip

71061

CD

LA-04

Jobs Reported

24

NAICS Code

211120

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

281806.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

284130.94

Forgiveness Date

12/07/2021

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