PPP Loan information for Kimbell gin machinery company

$485,700

Kimbell gin machinery company was initially approved for PPP Loan of amount $485,700, the current approved amount is $485,700. The loan was approved on 04/11/2020 by The Peoples Bank reported 62 jobs and $485,700 was used to fund payroll.

Kimbell gin machinery company is Existing or more than 2 years old

KIMBELL GIN MACHINERY COMPANY

Date Approved

04/11/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

KIMBELL GIN MACHINERY COMPANY

Borrower Address

226 NE LOOP 289

Borrower City

LUBBOCK

Borrower State

TX

Borrower Zip

79403-2810

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

485700.00

Current Approval Amount

485700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70847

Servicing Lender Name

Peoples Bank

Servicing Lender Address

5820 82nd St

Servicing Lender City

LUBBOCK

Servicing Lender State

TX

Servicing Lender Zip

79424-3617

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LUBBOCK

Project County Name

LUBBOCK

Project State

TX

Project Zip

79403-2810

CD

TX-19

Jobs Reported

62

NAICS Code

333111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

485700.00

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

70847

Originating Lender

Peoples Bank

Originating Lender City

LUBBOCK

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

489396.72

Forgiveness Date

01/14/2021

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