PPP Loan information for Odessa spring brake & axle inc.

$174,652

Odessa spring brake & axle inc. was initially approved for PPP Loan of amount $174,652, the current approved amount is $174,652. The loan was approved on 02/27/2021 by The JPMorgan Chase Bank, National Association reported 14 jobs and $174,652 was used to fund payroll.

Odessa spring brake & axle inc. is Existing or more than 2 years old

ODESSA SPRING BRAKE & AXLE INC.

Date Approved

02/27/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

ODESSA SPRING BRAKE & AXLE INC.

Borrower Address

915 E 2nd St

Borrower City

Odessa

Borrower State

TX

Borrower Zip

79761-5238

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

174652.00

Current Approval Amount

174652.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

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

79761-5238

CD

TX-11

Jobs Reported

14

NAICS Code

811111

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

174650.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

176011.76

Forgiveness Date

12/14/2021

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