PPP Loan information for Americot inc.

$2,000,000

Americot inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/20/2021 by The Lone Star State Bank of West Texas reported 275 jobs and $2,000,000 was used to fund payroll.

Americot inc. is Existing or more than 2 years old

PPP Loan Search / TX / Lubbock / Americot inc.

AMERICOT INC.

Date Approved

01/20/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

AMERICOT INC.

Borrower Address

5013 122nd St

Borrower City

Lubbock

Borrower State

TX

Borrower Zip

79424-8281

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69095

Servicing Lender Name

Lone Star State Bank of West Texas

Servicing Lender Address

6220 Milwaukee Ave

Servicing Lender City

LUBBOCK

Servicing Lender State

TX

Servicing Lender Zip

79424-0604

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

79424-8281

CD

TX-19

Jobs Reported

275

NAICS Code

424910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

Subchapter S Corporation

Originating Lender Location Id

69095

Originating Lender

Lone Star State Bank of West Texas

Originating Lender City

LUBBOCK

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2007833.33

Forgiveness Date

06/16/2021

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