PPP Loan information for Absolute valve repair llc

$234,070

Absolute valve repair llc was initially approved for PPP Loan of amount $234,070, the current approved amount is $234,070. The loan was approved on 03/23/2021 by The City Bank reported 15 jobs and $234,070 was used to fund payroll.

Absolute valve repair llc is Existing or more than 2 years old

PPP Loan Search / TX / Odessa / Absolute valve repair llc

ABSOLUTE VALVE REPAIR LLC

Date Approved

03/23/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

ABSOLUTE VALVE REPAIR LLC

Borrower Address

1800 E 2nd St

Borrower City

Odessa

Borrower State

TX

Borrower Zip

79761-5346

Loan Status Date

05/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

234070.00

Current Approval Amount

234070.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71330

Servicing Lender Name

City Bank

Servicing Lender Address

5219 City Bank Pkwy

Servicing Lender City

LUBBOCK

Servicing Lender State

TX

Servicing Lender Zip

79407-3544

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

ECTOR

Project State

TX

Project Zip

79761-5346

CD

TX-11

Jobs Reported

15

NAICS Code

811310

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

234065.00

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

71330

Originating Lender

City Bank

Originating Lender City

LUBBOCK

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

236501.73

Forgiveness Date

04/06/2022

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