PPP Loan information for Oil industry coating

$413,462

Oil industry coating was initially approved for PPP Loan of amount $413,462, the current approved amount is $413,462. The loan was approved on 04/27/2020 by The West Texas National Bank reported 22 jobs and $413,462 was used to fund payroll.

Oil industry coating is Existing or more than 2 years old

OIL INDUSTRY COATING

Date Approved

04/27/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

OIL INDUSTRY COATING

Borrower Address

2136 Commerce Dr. [email protected]

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79703

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

413461.55

Current Approval Amount

413461.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71882

Servicing Lender Name

West Texas National Bank

Servicing Lender Address

6 Desta Dr, Ste 2400

Servicing Lender City

MIDLAND

Servicing Lender State

TX

Servicing Lender Zip

79705-5508

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

79703-2100

CD

TX-11

Jobs Reported

22

NAICS Code

325510

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

413461.55

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

Limited Liability Company(LLC)

Originating Lender Location Id

71882

Originating Lender

West Texas National Bank

Originating Lender City

MIDLAND

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

417664.13

Forgiveness Date

05/12/2021

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