Date Approved
04/08/2020
SBA Office Code
0610
Processing Method
PPP
Borrower Name
POWERSEAL PIPELINE PRODUCTS CORPORATION
Borrower Address
701 Pleasantview Dr.
Borrower City
WICHITA FALLS
Borrower State
TX
Borrower Zip
76306
Loan Status Date
12/19/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
678835.00
Current Approval Amount
678800.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
69778
Servicing Lender Name
First United Bank
Servicing Lender Address
201 N Broadway
Servicing Lender City
DIMMITT
Servicing Lender State
Servicing Lender Zip
79027-1823
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WICHITA
Project State
Project Zip
76306-0300
CD
TX-13
Jobs Reported
68
NAICS Code
486990
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
84819.38
Payroll Proceed
509126.25
Mortgage Interest Proceed
Rent Proceed
84854.37
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
Veteran
Non Profit
Forgiveness Amount
682589.97
Forgiveness Date
11/03/2020