PPP Loan information for Reset energy lp

$560,000

Reset energy lp was initially approved for PPP Loan of amount $560,000, the current approved amount is $560,000. The loan was approved on 02/06/2021 by The SouthWest Bank reported 16 jobs and $560,000 was used to fund payroll.

Reset energy lp is Existing or more than 2 years old

RESET ENERGY LP

Date Approved

02/06/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

RESET ENERGY LP

Borrower Address

4308 E County Road 45

Borrower City

Midland

Borrower State

TX

Borrower Zip

79705-2473

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

560000.00

Current Approval Amount

560000.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79705-2473

CD

TX-11

Jobs Reported

16

NAICS Code

237120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

560000.00

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 Partnership

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

563562.22

Forgiveness Date

09/28/2021

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