ADVANCED PETROLEUM REPAIR, LLC (CO) - 2020 PPP Loan Borrower Profile (# 7049517106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED PETROLEUM REPAIR, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Colorado.

Loan Detail

Loan Number

7049517106

SBA Office Code

0811

Processing Method

PPP

Curent Loan Amount

$38,104.92

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$38,326.24

Date Loan was Forgiven

Nov 20, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

4,762.92

Payroll Proced

28,579

Mortgage Interest Proceed

4,763

Lender

First National Bank, Cortez

Business Detail

Business Type

Corporation

NAICS

532412

Borrower Location

CORTEZ, CO

Project Location

CORTEZ, CO

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.