PPP Loan information for Abraxas petroleum corporation

$1,375,000

Abraxas petroleum corporation was initially approved for PPP Loan of amount $1,375,000, the current approved amount is $1,375,000. The loan was approved on 04/29/2020 by The Cadence Bank reported 71 jobs and $1,375,000 was used to fund payroll.

Abraxas petroleum corporation is Existing or more than 2 years old

PPP Loan Search / TX / SAN ANTONIO / Abraxas petroleum corporation

ABRAXAS PETROLEUM CORPORATION

Date Approved

04/29/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

ABRAXAS PETROLEUM CORPORATION

Borrower Address

18803 MEISNER DR

Borrower City

SAN ANTONIO

Borrower State

TX

Borrower Zip

78258-4240

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1375000.00

Current Approval Amount

1375000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAN ANTONIO

Project County Name

BEXAR

Project State

TX

Project Zip

78258-4240

CD

TX-23

Jobs Reported

71

NAICS Code

424710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

1355500.00

Mortgage Interest Proceed

15500.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1384395.83

Forgiveness Date

01/13/2021

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