PPP Loan information for Oil tech construction llc

$1,276,500

Oil tech construction llc was initially approved for PPP Loan of amount $1,276,500, the current approved amount is $1,276,500. The loan was approved on 01/31/2021 by The SouthWest Bank reported 71 jobs and $1,276,500 was used to fund payroll.

Oil tech construction llc is Existing or more than 2 years old

PPP Loan Search / TX / Midland / Oil tech construction llc

OIL TECH CONSTRUCTION LLC

Date Approved

01/31/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

OIL TECH CONSTRUCTION LLC

Borrower Address

1814 E County Road 120

Borrower City

Midland

Borrower State

TX

Borrower Zip

79706-4027

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1276500.00

Current Approval Amount

1276500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72181

Servicing Lender Name

SouthWest Bank

Servicing Lender Address

4800 E 42nd St

Servicing Lender City

ODESSA

Servicing Lender State

TX

Servicing Lender Zip

79762-7214

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79706-4027

CD

TX-11

Jobs Reported

71

NAICS Code

238990

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1276498.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

72181

Originating Lender

SouthWest Bank

Originating Lender City

ODESSA

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1292775.38

Forgiveness Date

05/12/2022

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