Jp Oil Holding, LLC

$1,587,500 PPP Loan in Lafayette, Louisiana

Loan Details

Loan Number
9263607000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,587,500
Current Approval
$1,587,500
Forgiveness Amount
$1,608,546
Forgiveness Date
Aug 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Jp Oil Holding, LLC
Address
1604 West Pinhook Rd. 0.0
ZIP Code
70508-3729
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (211120)
Business Age
Existing or more than 2 years old
Jobs Reported
94
Estimated Revenue
$5.7M
Rural/Urban
Urban
Congressional District
LA-03

Loan Use Breakdown

Payroll
$1,200,000
Rent
$25,000
Utilities
$187,500
Mortgage Interest
$25,000
Debt Interest
$150,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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