PPP Loan information for The credit wholesale company, inc.

$381,917

The credit wholesale company, inc. was initially approved for PPP Loan of amount $381,917, the current approved amount is $381,917. The loan was approved on 04/13/2020 by The Western Bank reported 46 jobs and $381,917 was used to fund payroll.

The credit wholesale company, inc. is Existing or more than 2 years old

THE CREDIT WHOLESALE COMPANY, INC.

Date Approved

04/13/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

THE CREDIT WHOLESALE COMPANY, INC.

Borrower Address

7602 University Ave

Borrower City

LUBBOCK

Borrower State

TX

Borrower Zip

79423-2124

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

381917.00

Current Approval Amount

381917.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72054

Servicing Lender Name

Western Bank

Servicing Lender Address

1617 Broadway

Servicing Lender City

LUBBOCK

Servicing Lender State

TX

Servicing Lender Zip

79401-3120

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LUBBOCK

Project County Name

LUBBOCK

Project State

TX

Project Zip

79423-2124

CD

TX-19

Jobs Reported

46

NAICS Code

522298

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

286438.00

Mortgage Interest Proceed

0.00

Rent Proceed

95479.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72054

Originating Lender

Western Bank

Originating Lender City

LUBBOCK

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

385396.69

Forgiveness Date

03/10/2021

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