PPP Loan information for Precision pump & compressor of odessa, inc.

$249,500

Precision pump & compressor of odessa, inc. was initially approved for PPP Loan of amount $249,500, the current approved amount is $249,500. The loan was approved on 04/27/2020 by The City Bank reported 23 jobs and $249,500 was used to fund payroll.

Precision pump & compressor of odessa, inc. is Existing or more than 2 years old

PRECISION PUMP & COMPRESSOR OF ODESSA, INC.

Date Approved

04/27/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

PRECISION PUMP & COMPRESSOR OF ODESSA, INC.

Borrower Address

3751 KERMIT HWY

Borrower City

ODESSA

Borrower State

TX

Borrower Zip

79764-6432

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

249500.00

Current Approval Amount

249500.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

ODESSA

Project County Name

ECTOR

Project State

TX

Project Zip

79764-6432

CD

TX-11

Jobs Reported

23

NAICS Code

213112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

24950.00

Payroll Proceed

199600.00

Mortgage Interest Proceed

0.00

Rent Proceed

24950.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

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

251745.50

Forgiveness Date

03/18/2021

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