PPP Loan information for Hi-tech production systems, inc.

$390,800

Hi-tech production systems, inc. was initially approved for PPP Loan of amount $390,800, the current approved amount is $390,800. The loan was approved on 04/09/2020 by The City Bank reported 26 jobs and $390,800 was used to fund payroll.

Hi-tech production systems, inc. is Existing or more than 2 years old

HI-TECH PRODUCTION SYSTEMS, INC.

Date Approved

04/09/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

HI-TECH PRODUCTION SYSTEMS, INC.

Borrower Address

4005 FM 1936

Borrower City

ODESSA

Borrower State

TX

Borrower Zip

79764-8621

Loan Status Date

05/13/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

390800.00

Current Approval Amount

390800.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

ODESSA

Project County Name

ECTOR

Project State

TX

Project Zip

79764-8621

CD

TX-11

Jobs Reported

26

NAICS Code

213112

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

390800.00

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

233165.11

Forgiveness Date

04/19/2021

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