PPP Loan information for Lone star abstract & title co., inc.

$445,371

Lone star abstract & title co., inc. was initially approved for PPP Loan of amount $445,371, the current approved amount is $445,371. The loan was approved on 04/27/2020 by The Community National Bank reported 32 jobs and $445,371 was used to fund payroll.

Lone star abstract & title co., inc. is Existing or more than 2 years old

LONE STAR ABSTRACT & TITLE CO., INC.

Date Approved

04/27/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

LONE STAR ABSTRACT & TITLE CO., INC.

Borrower Address

600 N LORAINE

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79701-4730

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

445371.32

Current Approval Amount

445371.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71446

Servicing Lender Name

Community National Bank

Servicing Lender Address

500 W Illinios Ave

Servicing Lender City

MIDLAND

Servicing Lender State

TX

Servicing Lender Zip

79701-4234

Rural Urban Indicator

U

Hubzone Indicator

N

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

79701-4730

CD

TX-11

Jobs Reported

32

NAICS Code

531390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

445371.32

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

Subchapter S Corporation

Originating Lender Location Id

71446

Originating Lender

Community National Bank

Originating Lender City

MIDLAND

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

438080.30

Forgiveness Date

12/10/2020

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