Construction Equipment Manufacturing Company, INC

$277,500 PPP Loan in Olney, Texas

Loan Details

Loan Number
1626897108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$277,500
Current Approval
$277,500
Forgiveness Amount
$280,351
Forgiveness Date
Apr 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Construction Equipment Manufacturing Company, INC
Address
752 Highway 251 S
City
Olney
State
Texas
ZIP Code
76374-2384
Business Type
Corporation
Industry (NAICS)
Manufacturing (333511)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$6.5M
Rural/Urban
Rural
Congressional District
TX-25

Loan Use Breakdown

Payroll
$268,000
Utilities
$9,500

Lender Information

Servicing Lender
Interbank
Originating Lender
Interbank

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