PPP Loan information for Southwest networks inc

$475,500

Southwest networks inc was initially approved for PPP Loan of amount $475,500, the current approved amount is $475,500. The loan was approved on 04/30/2020 by The Worthington Bank reported 36 jobs and $475,500 was used to fund payroll.

Southwest networks inc is Existing or more than 2 years old

SOUTHWEST NETWORKS INC

Date Approved

04/30/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

SOUTHWEST NETWORKS INC

Borrower Address

1111 W CARRIER PKWY SUITE 400

Borrower City

GRAND PRAIRIE

Borrower State

TX

Borrower Zip

75050-1147

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

475500.00

Current Approval Amount

475500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

292445

Servicing Lender Name

Worthington Bank

Servicing Lender Address

200 W Main St

Servicing Lender City

ARLINGTON

Servicing Lender State

TX

Servicing Lender Zip

76010-7112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND PRAIRIE

Project County Name

TARRANT

Project State

TX

Project Zip

75050-1147

CD

TX-33

Jobs Reported

36

NAICS Code

238910

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

356625.00

Mortgage Interest Proceed

0.00

Rent Proceed

118875.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

292445

Originating Lender

Worthington Bank

Originating Lender City

ARLINGTON

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

479845.54

Forgiveness Date

03/31/2021

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