Petrotel Inc.
$692,777 PPP Loan in Plano, Texas
Loan Details
- Loan Number
- 2760537209
- Date Approved
- Apr 16, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $692,777
- Current Approval
- $692,777
- Forgiveness Amount
- $700,396
- Forgiveness Date
- May 27, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Petrotel Inc.
- Address
- 3504 Twin Lakes Way
- City
- Plano
- State
- Texas
- ZIP Code
- 75093
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Mining, Quarrying, and Oil and Gas Extraction (213112)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 30
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- TX-04
Loan Use Breakdown
- Payroll
- $582,777
- Rent
- $70,000
- Utilities
- $8,000
- Health Care
- $32,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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