PPP Loan information for Platinum pipe rentals, llc

$630,000

Platinum pipe rentals, llc was initially approved for PPP Loan of amount $630,000, the current approved amount is $630,000. The loan was approved on 04/05/2020 by The SouthWest Bank reported 35 jobs and $630,000 was used to fund payroll.

Platinum pipe rentals, llc is Existing or more than 2 years old

PLATINUM PIPE RENTALS, LLC

Date Approved

04/05/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

PLATINUM PIPE RENTALS, LLC

Borrower Address

6413 N. STATE HIGHWAY 349 BUILDING B

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79705-2027

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

630000.00

Current Approval Amount

630000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72181

Servicing Lender Name

SouthWest Bank

Servicing Lender Address

4800 E 42nd St

Servicing Lender City

ODESSA

Servicing Lender State

TX

Servicing Lender Zip

79762-7214

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

79705-2027

CD

TX-11

Jobs Reported

35

NAICS Code

531120

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

630000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

72181

Originating Lender

SouthWest Bank

Originating Lender City

ODESSA

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

633727.50

Forgiveness Date

11/17/2020

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