Petro Travel Center

$867,700 PPP Loan in Hanceville, Alabama

Loan Details

Loan Number
2216057105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$867,700
Current Approval
$867,700
Forgiveness Amount
$878,811
Forgiveness Date
Jul 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Petro Travel Center
Address
426 Al Hwy 69s
State
Alabama
ZIP Code
35077
Business Type
Corporation
Industry (NAICS)
Retail Trade (445120)
Business Age
Existing or more than 2 years old
Jobs Reported
173
Estimated Revenue
$43.2M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$646,874
Rent
$120,826
Utilities
$100,000

Lender Information

Servicing Lender
Peoples Bank of Alabama
Originating Lender
Peoples Bank of Alabama

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