Property Paving, Inc.

$875,000 PPP Loan in Grand Prairie, Texas

Loan Details

Loan Number
1173767710
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$875,000
Current Approval
$875,000
Forgiveness Amount
$883,908
Forgiveness Date
May 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Property Paving, Inc.
Address
2618 Central Ave
State
Texas
ZIP Code
75050
Business Type
Corporation
Industry (NAICS)
Construction (237310)
Business Age
Existing or more than 2 years old
Jobs Reported
59
Estimated Revenue
$18.3M
Rural/Urban
Urban
Congressional District
TX-33

Loan Use Breakdown

Payroll
$820,000
Rent
$12,000
Utilities
$3,000
Health Care
$38,000
Debt Interest
$2,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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