U.s. Energy Development Corporation

$1,224,733 PPP Loan in Arlington, Texas

Loan Details

Loan Number
3831037106
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$1,224,733
Current Approval
$1,224,733
Forgiveness Amount
$1,234,327
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
U.s. Energy Development Corporation
Address
1521 North Cooper Street, Suite 400
State
Texas
ZIP Code
76011-5522
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213111)
Business Age
Existing or more than 2 years old
Jobs Reported
66
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-25

Loan Use Breakdown

Payroll
$918,550
Utilities
$306,183

Lender Information

Servicing Lender
Washington Federal Bank D/b/a Wafd Bank
Originating Lender
Washington Federal Bank D/b/a Wafd Bank

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