PPP Loan information for Michael baughman

$507,330

Michael baughman was initially approved for PPP Loan of amount $507,330, the current approved amount is $507,330. The loan was approved on 01/30/2021 by The SouthWest Bank reported 15 jobs and $507,330 was used to fund payroll.

Michael baughman is Existing or more than 2 years old

MICHAEL BAUGHMAN

Date Approved

01/30/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

MICHAEL BAUGHMAN

Borrower Address

2105 W 39th St

Borrower City

Odessa

Borrower State

TX

Borrower Zip

79764-6509

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

507330.00

Current Approval Amount

507330.00

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

79764-6509

CD

TX-11

Jobs Reported

15

NAICS Code

325510

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

507326.00

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

Sole Proprietorship

Originating Lender Location Id

72181

Originating Lender

SouthWest Bank

Originating Lender City

ODESSA

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

513727.99

Forgiveness Date

05/09/2022

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