PPP Loan information for Southwest erosion control, inc.

$1,244,500

Southwest erosion control, inc. was initially approved for PPP Loan of amount $1,244,500, the current approved amount is $1,244,500. The loan was approved on 04/07/2020 by The Independent Bank reported 130 jobs and $1,244,500 was used to fund payroll.

Southwest erosion control, inc. is Existing or more than 2 years old

PPP Loan Search / TX / MCKINNEY / Southwest erosion control, inc.

SOUTHWEST EROSION CONTROL, INC.

Date Approved

04/07/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

SOUTHWEST EROSION CONTROL, INC.

Borrower Address

6251 FM 2478

Borrower City

MCKINNEY

Borrower State

TX

Borrower Zip

75071-3022

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1244500.00

Current Approval Amount

1244500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MCKINNEY

Project County Name

COLLIN

Project State

TX

Project Zip

75071-3022

CD

TX-03

Jobs Reported

130

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22672.91

Payroll Proceed

1134327.09

Mortgage Interest Proceed

0.00

Rent Proceed

87500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1252001.57

Forgiveness Date

11/17/2020

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