Champions Machine Tool Sales, Inc.

$587,000 PPP Loan in Spring, Texas

Loan Details

Loan Number
2774177100
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$587,000
Current Approval
$587,000
Forgiveness Amount
$591,680
Forgiveness Date
Feb 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Champions Machine Tool Sales, Inc.
Address
1151 E. Cypresswood Dr
City
Spring
State
Texas
ZIP Code
77373-3041
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$11.9M
Rural/Urban
Urban
Congressional District
TX-02

Loan Use Breakdown

Payroll
$512,000
Utilities
$15,000
Health Care
$60,000

Lender Information

Servicing Lender
Independent Bank D/b/a Independent Financial
Originating Lender
Independent Bank D/b/a Independent Financial

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