PPP Loan information for American petroleum welding, inc.

$249,400

American petroleum welding, inc. was initially approved for PPP Loan of amount $249,400, the current approved amount is $249,400. The loan was approved on 04/06/2020 by The City Bank reported 32 jobs and $249,400 was used to fund payroll.

American petroleum welding, inc. is Existing or more than 2 years old

AMERICAN PETROLEUM WELDING, INC.

Date Approved

04/06/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

AMERICAN PETROLEUM WELDING, INC.

Borrower Address

4002 FM 2528

Borrower City

LUBBOCK

Borrower State

TX

Borrower Zip

79416-2451

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

249400.00

Current Approval Amount

249400.00

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

LUBBOCK

Project County Name

LUBBOCK

Project State

TX

Project Zip

79416-2451

CD

TX-19

Jobs Reported

32

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

249400.00

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

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

251367.49

Forgiveness Date

01/25/2021

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