Date Approved
04/09/2020
SBA Office Code
0678
Processing Method
PPP
Borrower Name
FAB TECH DRILLING EQUIPMENT, INC.
Borrower Address
2228 STEVEN RD
Borrower City
ODESSA
Borrower State
TX
Borrower Zip
79764-1825
Loan Status Date
08/06/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
288043.00
Current Approval Amount
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
Servicing Lender State
Servicing Lender Zip
79762-7214
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ECTOR
Project State
Project Zip
CD
TX-11
Jobs Reported
27
NAICS Code
333132
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
291675.54
Forgiveness Date
07/22/2021