PPP Loan information for Coil tubing partners llc

$10,000,000

Coil tubing partners llc was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/14/2020 by The Hancock Whitney Bank reported 250 jobs and $10,000,000 was used to fund payroll.

Coil tubing partners llc is Existing or more than 2 years old

COIL TUBING PARTNERS LLC

Date Approved

04/14/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

COIL TUBING PARTNERS LLC

Borrower Address

2014 PINHOOK RD

Borrower City

LAFAYETTE

Borrower State

LA

Borrower Zip

70508-8505

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAFAYETTE

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70508-8505

CD

LA-03

Jobs Reported

250

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

40000.00

Payroll Proceed

8300000.00

Mortgage Interest Proceed

0.00

Rent Proceed

1360000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

300000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5955750.80

Forgiveness Date

01/28/2022

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