Swabtech INC

$561,800 PPP Loan in Mckinney, Texas

Loan Details

Loan Number
2456327102
Date Approved
Apr 10, 2020
Loan Status
Charged Off
Initial Approval
$561,800
Current Approval
$561,800
Forgiveness Amount
$352,511
Forgiveness Date
Apr 20, 2021
Term
41 months
Draw
First Draw

Business Information

Business Name
Swabtech INC
Address
8545 White River Trl
State
Texas
ZIP Code
75071-0060
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (211120)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-03

Loan Use Breakdown

Payroll
$421,350
Rent
$140,450

Lender Information

Servicing Lender
First United Bank and Trust Company
Originating Lender
First United Bank and Trust Company

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