PPP Loan information for Desert royalty company llc

$486,000

Desert royalty company llc was initially approved for PPP Loan of amount $486,000, the current approved amount is $486,000. The loan was approved on 04/08/2020 by The Frost Bank reported 27 jobs and $486,000 was used to fund payroll.

Desert royalty company llc is Existing or more than 2 years old

PPP Loan Search / TX / MIDLAND / Desert royalty company llc

DESERT ROYALTY COMPANY LLC

Date Approved

04/08/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

DESERT ROYALTY COMPANY LLC

Borrower Address

303 W. Wall St. STE 2000

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79701-5101

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

23

SBA Guaranty Percentage

100

Initial Approval Amount

486000.00

Current Approval Amount

486000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71783

Servicing Lender Name

Frost Bank

Servicing Lender Address

111 W Houston St

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78205-1414

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

79701-5101

CD

TX-11

Jobs Reported

27

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

486000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

71783

Originating Lender

Frost Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;