PPP Loan information for Loop 250 collision center

$407,680

Loop 250 collision center was initially approved for PPP Loan of amount $407,680, the current approved amount is $407,680. The loan was approved on 02/05/2021 by The Community National Bank reported 25 jobs and $407,680 was used to fund payroll.

Loop 250 collision center is Existing or more than 2 years old

LOOP 250 COLLISION CENTER

Date Approved

02/05/2021

SBA Office Code

0678

Processing Method

PPP

Borrower Name

LOOP 250 COLLISION CENTER

Borrower Address

4805 E Loop 250 N

Borrower City

Midland

Borrower State

TX

Borrower Zip

79705-9516

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

407680.00

Current Approval Amount

407680.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79705-9516

CD

TX-11

Jobs Reported

25

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

407680.00

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

71446

Originating Lender

Community National Bank

Originating Lender City

MIDLAND

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

411167.93

Forgiveness Date

12/14/2021

;