PPP Loan information for Laredo oil inc

$1,233,655

Laredo oil inc was initially approved for PPP Loan of amount $1,233,655, the current approved amount is $1,233,655. The loan was approved on 02/02/2021 by The First Horizon Bank reported 64 jobs and $1,233,655 was used to fund payroll.

Laredo oil inc is Existing or more than 2 years old

LAREDO OIL INC

Date Approved

02/02/2021

SBA Office Code

0681

Processing Method

PPS

Borrower Name

LAREDO OIL INC

Borrower Address

2021 Guadalupe St Ste 260

Borrower City

Austin

Borrower State

TX

Borrower Zip

78705-5654

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1233655.00

Current Approval Amount

1233655.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Austin

Project County Name

TRAVIS

Project State

TX

Project Zip

78705-5654

CD

TX-25

Jobs Reported

64

NAICS Code

211120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1233652.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

67487.45

Forgiveness Date

04/26/2022

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