PPP Loan information for American petroleum welding

$281,073

American petroleum welding was initially approved for PPP Loan of amount $281,073, the current approved amount is $281,073. The loan was approved on 04/08/2021 by The City Bank reported 30 jobs and $281,073 was used to fund payroll.

American petroleum welding is Existing or more than 2 years old

PPP Loan Search / TX / Lubbock / American petroleum welding

AMERICAN PETROLEUM WELDING

Date Approved

04/08/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

AMERICAN PETROLEUM WELDING

Borrower Address

4002 N FM 2528

Borrower City

Lubbock

Borrower State

TX

Borrower Zip

79416-2451

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

281072.52

Current Approval Amount

281072.52

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

Lubbock

Project County Name

LUBBOCK

Project State

TX

Project Zip

79416-2451

CD

TX-19

Jobs Reported

30

NAICS Code

332996

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

281071.52

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

71330

Originating Lender

City Bank

Originating Lender City

LUBBOCK

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

282064.08

Forgiveness Date

08/19/2021

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