Welborn Companies, LLC

$539,404 PPP Loan in Garland, Texas

Loan Details

Loan Number
2606927101
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$539,404
Current Approval
$539,404
Forgiveness Amount
$544,948
Forgiveness Date
Apr 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Welborn Companies, LLC
Address
2350 Crist Rd Suite 100
State
Texas
ZIP Code
75040-3709
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238350)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$12.9M
Rural/Urban
Urban
Congressional District
TX-05

Loan Use Breakdown

Payroll
$452,404
Rent
$17,000
Utilities
$7,500
Health Care
$42,500
Debt Interest
$20,000

Lender Information

Servicing Lender
B1bank
Originating Lender
B1bank

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