PPP Loan information for Reactive downhole tools inc

$375,500

Reactive downhole tools inc was initially approved for PPP Loan of amount $375,500, the current approved amount is $375,500. The loan was approved on 04/11/2020 by The Stellar Bank reported 26 jobs and $375,500 was used to fund payroll.

Reactive downhole tools inc is Existing or more than 2 years old

PPP Loan Search / TX / Humble / Reactive downhole tools inc

REACTIVE DOWNHOLE TOOLS INC

Date Approved

04/11/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

REACTIVE DOWNHOLE TOOLS INC

Borrower Address

19945 Aldine Westfield Rd

Borrower City

Humble

Borrower State

TX

Borrower Zip

77338-3303

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

375500.00

Current Approval Amount

375500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

451098

Servicing Lender Name

Stellar Bank

Servicing Lender Address

8727 W Sam Houston Pkwy North

Servicing Lender City

HOUSTON

Servicing Lender State

TX

Servicing Lender Zip

77040-5167

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Humble

Project County Name

HARRIS

Project State

TX

Project Zip

77338-3303

CD

TX-18

Jobs Reported

26

NAICS Code

325520

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

375500.00

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

451098

Originating Lender

Stellar Bank

Originating Lender City

HOUSTON

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

374672.84

Forgiveness Date

03/31/2021

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