BHAGAT PETRO INC (IN) - 2020 PPP Loan Borrower Profile (# 2705668402)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BHAGAT PETRO INC. 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 Indiana.

Loan Detail

Loan Number

2705668402

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$2,999.97

Date Loan was Approved

Feb 3, 2021

Amount Forgiven

$3,010.08

Date Loan was Forgiven

Jun 14, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

2,999.97

Lender

The Bank of Houston

Business Detail

Business Type

Subchapter S Corporation

NAICS

447110

Borrower Location

Michigan City, IN

Project Location

Michigan City, IN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.