PPP Loan information for Forbes energy services, llc

$10,000,000

Forbes energy services, llc was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 05/08/2020 by The Texas Champion Bank reported 500 jobs and $10,000,000 was used to fund payroll.

Forbes energy services, llc is Existing or more than 2 years old

FORBES ENERGY SERVICES, LLC

Date Approved

05/08/2020

SBA Office Code

0639

Processing Method

PPP

Borrower Name

FORBES ENERGY SERVICES, LLC

Borrower Address

3000 US HIGHWAY 281

Borrower City

ALICE

Borrower State

TX

Borrower Zip

78332-2962

Loan Status Date

07/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71853

Servicing Lender Name

Texas Champion Bank

Servicing Lender Address

6124 S Staples

Servicing Lender City

CORPUS CHRISTI

Servicing Lender State

TX

Servicing Lender Zip

78413-2904

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALICE

Project County Name

JIM WELLS

Project State

TX

Project Zip

78332-2962

CD

TX-34

Jobs Reported

500

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10000000.00

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

71853

Originating Lender

Texas Champion Bank

Originating Lender City

CORPUS CHRISTI

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10212328.77

Forgiveness Date

06/30/2022

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