A. M. PETROLEUM, INC. (TX) - 2020 PPP Loan Borrower Profile (# 9439907208)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A. M. PETROLEUM, 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 Texas.

Loan Detail

Loan Number
9439907208
SBA Office Code
0681
Processing Method
PPP
Curent Loan Amount
$679,200
Date Loan was Approved
Apr 28, 2020
Amount Forgiven
$686,010.87
Date Loan was Forgiven
May 5, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
679,200
Lender
Comerica Bank

Business Detail

Business Type
Corporation
NAICS
424720
Borrower Location
Austin, TX
Project Location
Austin, TX
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
96
Business Age Description
Existing or more than 2 years old
Data Source: SBA.