PPP Loan information for Lone star instrumentation and electric corporation

$2,000,000

Lone star instrumentation and electric corporation was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/23/2021 by The Lone Star State Bank of West Texas reported 193 jobs and $2,000,000 was used to fund payroll.

Lone star instrumentation and electric corporation is Existing or more than 2 years old

LONE STAR INSTRUMENTATION AND ELECTRIC CORPORATION

Date Approved

01/23/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

LONE STAR INSTRUMENTATION AND ELECTRIC CORPORATION

Borrower Address

2222 W 42nd St

Borrower City

Odessa

Borrower State

TX

Borrower Zip

79764-6305

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69095

Servicing Lender Name

Lone Star State Bank of West Texas

Servicing Lender Address

6220 Milwaukee Ave

Servicing Lender City

LUBBOCK

Servicing Lender State

TX

Servicing Lender Zip

79424-0604

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Odessa

Project County Name

ECTOR

Project State

TX

Project Zip

79764-6305

CD

TX-11

Jobs Reported

193

NAICS Code

237130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Subchapter S Corporation

Originating Lender Location Id

69095

Originating Lender

Lone Star State Bank of West Texas

Originating Lender City

LUBBOCK

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2021000.00

Forgiveness Date

02/10/2022

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