Royalty Well Service INC

$582,507 PPP Loan in Marshall, Texas

Loan Details

Loan Number
1121778609
Date Approved
Mar 12, 2021
Loan Status
Paid in Full
Initial Approval
$582,507
Current Approval
$582,507
Forgiveness Amount
$588,635
Forgiveness Date
Apr 7, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Royalty Well Service INC
Address
6000 E End Blvd S
State
Texas
ZIP Code
75672-8305
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-01

Loan Use Breakdown

Payroll
$582,505
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Cadence Bank

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