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Coil Specialist, INC

$356,200 PPP Loan in Gilmer, Texas

Loan Details

Loan Number
2216077209
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$356,200
Current Approval
$356,200
Forgiveness Amount
$360,201
Forgiveness Date
Jun 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Coil Specialist, INC
Address
204 Dean St
City
Gilmer
State
Texas
ZIP Code
75644-7913
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (334416)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$11.5M
Rural/Urban
Rural
Congressional District
TX-01

Loan Use Breakdown

Payroll
$267,150
Rent
$71,240
Utilities
$10,686
Mortgage Interest
$7,124

Lender Information

Servicing Lender
Origin Bank
Originating Lender
Origin Bank

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