PPP Loan information for Automotive & industrial products inc

$322,200

Automotive & industrial products inc was initially approved for PPP Loan of amount $322,200, the current approved amount is $322,200. The loan was approved on 04/07/2020 by The SouthWest Bank reported 20 jobs and $322,200 was used to fund payroll.

Automotive & industrial products inc is Existing or more than 2 years old

AUTOMOTIVE & INDUSTRIAL PRODUCTS INC

Date Approved

04/07/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

AUTOMOTIVE & INDUSTRIAL PRODUCTS INC

Borrower Address

324 S LARK AVE

Borrower City

ODESSA

Borrower State

TX

Borrower Zip

79762-9707

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

322200.00

Current Approval Amount

322200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72181

Servicing Lender Name

SouthWest Bank

Servicing Lender Address

4800 E 42nd St

Servicing Lender City

ODESSA

Servicing Lender State

TX

Servicing Lender Zip

79762-7214

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

79762-9707

CD

TX-11

Jobs Reported

20

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

322200.00

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

72181

Originating Lender

SouthWest Bank

Originating Lender City

ODESSA

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

324043.70

Forgiveness Date

11/12/2020

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