PPP Loan information for Oil industry coatings llc

$365,023

Oil industry coatings llc was initially approved for PPP Loan of amount $365,023, the current approved amount is $365,023. The loan was approved on 01/23/2021 by The West Texas National Bank reported 21 jobs and $365,023 was used to fund payroll.

Oil industry coatings llc is Existing or more than 2 years old

PPP Loan Search / TX / Midland / Oil industry coatings llc

OIL INDUSTRY COATINGS LLC

Date Approved

01/23/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

OIL INDUSTRY COATINGS LLC

Borrower Address

2136 Commerce Dr

Borrower City

Midland

Borrower State

TX

Borrower Zip

79703-7504

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

365023.37

Current Approval Amount

365023.37

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

79703-7504

CD

TX-11

Jobs Reported

21

NAICS Code

237120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

365017.37

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

367153.51

Forgiveness Date

09/07/2021

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