PPP Loan information for Texas restaurant equipment xchange inc

$282,798

Texas restaurant equipment xchange inc was initially approved for PPP Loan of amount $282,798, the current approved amount is $282,798. The loan was approved on 01/22/2021 by The First United Bank reported 25 jobs and $282,798 was used to fund payroll.

Texas restaurant equipment xchange inc is Existing or more than 2 years old

TEXAS RESTAURANT EQUIPMENT XCHANGE INC

Date Approved

01/22/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

TEXAS RESTAURANT EQUIPMENT XCHANGE INC

Borrower Address

500 S Arthur St

Borrower City

Amarillo

Borrower State

TX

Borrower Zip

79102-3225

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

282798.00

Current Approval Amount

282798.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69778

Servicing Lender Name

First United Bank

Servicing Lender Address

201 N Broadway

Servicing Lender City

DIMMITT

Servicing Lender State

TX

Servicing Lender Zip

79027-1823

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Amarillo

Project County Name

POTTER

Project State

TX

Project Zip

79102-3225

CD

TX-13

Jobs Reported

25

NAICS Code

423440

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

282793.00

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

Corporation

Originating Lender Location Id

69778

Originating Lender

First United Bank

Originating Lender City

DIMMITT

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

284337.68

Forgiveness Date

08/11/2021

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