PPP Loan information for West texas drum company ltd

$804,600

West texas drum company ltd was initially approved for PPP Loan of amount $804,600, the current approved amount is $804,600. The loan was approved on 01/29/2021 by The Frost Bank reported 92 jobs and $804,600 was used to fund payroll.

West texas drum company ltd is Existing or more than 2 years old

WEST TEXAS DRUM COMPANY LTD

Date Approved

01/29/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

WEST TEXAS DRUM COMPANY LTD

Borrower Address

11107 W County Road 127

Borrower City

Odessa

Borrower State

TX

Borrower Zip

79765-9684

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

804600.00

Current Approval Amount

804600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71783

Servicing Lender Name

Frost Bank

Servicing Lender Address

111 W Houston St

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78205-1414

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Odessa

Project County Name

MIDLAND

Project State

TX

Project Zip

79765-9684

CD

TX-11

Jobs Reported

92

NAICS Code

213112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

804594.00

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

Partnership

Originating Lender Location Id

71783

Originating Lender

Frost Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

811764.25

Forgiveness Date

12/21/2021

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