South Texas Oilfield Services, LLC

$451,540 PPP Loan in Freer, Texas

Loan Details

Loan Number
2846657407
Date Approved
May 6, 2020
Loan Status
Paid in Full
Initial Approval
$451,540
Current Approval
$451,540
Forgiveness Amount
$461,148
Forgiveness Date
Jun 27, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
South Texas Oilfield Services, LLC
Address
5115 Hwy 59
City
Freer
State
Texas
ZIP Code
78357
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
New Business or 2 years or less
Jobs Reported
62
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-28

Loan Use Breakdown

Payroll
$449,540
Rent
$1,000
Utilities
$1,000

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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