# PPP loan: GENERAL PETRO CHEM INDUSTRIAL INC
> **$585K** approved 04/28/2020 · Paid in Full · Loan `6729327205`
## Borrower
- **Name:** GENERAL PETRO CHEM INDUSTRIAL INC
- **Address:** 1903 County Road 129, Pearland, TX, 77581
- **NAICS:** 325110
- **Business type:** Independent Contractors
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $585K
- **Initial approval:** $585K
- **Forgiven:** $589K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $585K
- **Jobs reported:** 45
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*