PPP Loan information for Swabtech inc

$561,800

Swabtech inc was initially approved for PPP Loan of amount $561,800, the current approved amount is $561,800. The loan was approved on 04/10/2020 by The First United Bank and Trust Company reported 31 jobs and $561,800 was used to fund payroll.

Swabtech inc is Existing or more than 2 years old

PPP Loan Search / TX / MCKINNEY / Swabtech inc

SWABTECH INC

Date Approved

04/10/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

SWABTECH INC

Borrower Address

8545 WHITE RIVER TRL

Borrower City

MCKINNEY

Borrower State

TX

Borrower Zip

75071-0060

Loan Status Date

12/04/2021

Loan Status

Charged Off

Term

41

SBA Guaranty Percentage

100

Initial Approval Amount

561800.00

Current Approval Amount

561800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58899

Servicing Lender Name

First United Bank and Trust Company

Servicing Lender Address

1400 W Main St

Servicing Lender City

DURANT

Servicing Lender State

OK

Servicing Lender Zip

74701-4906

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

75071-0060

CD

TX-03

Jobs Reported

31

NAICS Code

211120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

421350.00

Mortgage Interest Proceed

0.00

Rent Proceed

140450.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

58899

Originating Lender

First United Bank and Trust Company

Originating Lender City

DURANT

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

352511.20

Forgiveness Date

04/20/2021

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