Petro Mechanical Services LLC

$1,775,500 PPP Loan in Odessa, Texas

Loan Details

Loan Number
2417627106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,775,500
Current Approval
$1,775,500
Forgiveness Amount
$1,790,482
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Petro Mechanical Services LLC
Address
2451 Fm 1936
City
Odessa
State
Texas
ZIP Code
79763-5930
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
100
Estimated Revenue
$6.1M
Rural/Urban
Urban
Congressional District
TX-11

Loan Use Breakdown

Payroll
$1,331,625
Rent
$355,100
Utilities
$53,265
Mortgage Interest
$35,510

Lender Information

Servicing Lender
Origin Bank
Originating Lender
Origin Bank

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