DENEX PETROLEUM CORP (WV) - 2020 PPP Loan Borrower Profile (# 1024257706)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to DENEX PETROLEUM CORP. 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 West Virginia.

Loan Detail

Loan Number

1024257706

SBA Office Code

0390

Processing Method

PPP

Curent Loan Amount

$46,187

Date Loan was Approved

May 1, 2020

Amount Forgiven

$46,500.07

Date Loan was Forgiven

Jan 6, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

21,217

Health Care Proceed

10,936

Debt Interest Proceed

14,034

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

211111

Borrower Location

BUCKHANNON, WV

Project Location

BUCKHANNON, WV

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.