PPP Loan information for Instant energy oilfield services

$281,300

Instant energy oilfield services was initially approved for PPP Loan of amount $281,300, the current approved amount is $281,300. The loan was approved on 04/28/2020 by The 1st Community FCU reported 14 jobs and $281,300 was used to fund payroll.

Instant energy oilfield services is Existing or more than 2 years old

INSTANT ENERGY OILFIELD SERVICES

Date Approved

04/28/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

INSTANT ENERGY OILFIELD SERVICES

Borrower Address

4107 North County Road 1247

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79707

Loan Status Date

05/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

281300.00

Current Approval Amount

281300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

105972

Servicing Lender Name

1st Community FCU

Servicing Lender Address

3505 Wildewood Dr

Servicing Lender City

SAN ANGELO

Servicing Lender State

TX

Servicing Lender Zip

76904-6433

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79707-0001

CD

TX-11

Jobs Reported

14

NAICS Code

213111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

281300.00

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

105972

Originating Lender

1st Community FCU

Originating Lender City

SAN ANGELO

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

278448.12

Forgiveness Date

11/18/2021

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