PETRO INDUSTRIAL SOLUTIONS LLC (VI) - 2020 PPP Loan Borrower Profile (# 5854688503)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to PETRO INDUSTRIAL SOLUTIONS 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 US Virgin Islands.

Loan Detail

Loan Number

5854688503

SBA Office Code

0252

Processing Method

PPS

Curent Loan Amount

$656,867.5

Date Loan was Approved

Mar 2, 2021

Amount Forgiven

$665,187.82

Date Loan was Forgiven

Jun 3, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

656,862.5

Lender

United Fidelity Bank, FSB

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

237120

Borrower Location

CHRISTIANSTED, VI

Project Location

CHRISTIANSTED, VI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.