Improved Petroleum Recovery Inc.

$482,500 PPP Loan in Irving, Texas

Loan Details

Loan Number
5205217201
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$482,500
Current Approval
$482,500
Forgiveness Amount
$449,597
Forgiveness Date
Aug 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Improved Petroleum Recovery Inc.
Address
909 Lake Carolyn Pkwy Suite 800
City
Irving
State
Texas
ZIP Code
75039-3927
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-06

Loan Use Breakdown

Payroll
$386,000
Utilities
$24,100
Mortgage Interest
$72,400

Lender Information

Servicing Lender
Bom Bank
Originating Lender
Bom Bank

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