Midtex Oil LP

$1,355,034 PPP Loan in New Braunfels, Texas

Loan Details

Loan Number
3854997104
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$1,355,034
Current Approval
$1,355,034
Forgiveness Amount
$1,365,385
Forgiveness Date
Jan 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Midtex Oil LP
Address
3455 Ih 35 S
State
Texas
ZIP Code
78132
Business Type
Partnership
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
99
Estimated Revenue
$6.0M
Rural/Urban
Rural
Congressional District
TX-21

Loan Use Breakdown

Payroll
$1,016,276
Rent
$169,379
Utilities
$169,379

Lender Information

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

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