PPP Loan information for Cavalry energy services inc

$260,400

Cavalry energy services inc was initially approved for PPP Loan of amount $260,400, the current approved amount is $260,400. The loan was approved on 04/05/2020 by The Prosperity Bank reported 30 jobs and $260,400 was used to fund payroll.

Cavalry energy services inc is Existing or more than 2 years old

PPP Loan Search / TX / MIDLAND / Cavalry energy services inc

CAVALRY ENERGY SERVICES INC

Date Approved

04/05/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

CAVALRY ENERGY SERVICES INC

Borrower Address

1400 S Fairgrounds Rd

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79701-1404

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

260400.00

Current Approval Amount

260400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79701-1404

CD

TX-11

Jobs Reported

30

NAICS Code

541330

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

260400.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

262758.07

Forgiveness Date

03/02/2021

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