Petro Rubber Products, INC

$236,000 PPP Loan in Joshua, Texas

Loan Details

Loan Number
3865907105
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$236,000
Current Approval
$236,000
Forgiveness Amount
$238,839
Forgiveness Date
Jun 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Petro Rubber Products, INC
Address
1401 S Broadway St #108
City
Joshua
State
Texas
ZIP Code
76058-5136
Business Type
Corporation
Industry (NAICS)
Manufacturing (333132)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.8M
Rural/Urban
Rural
Congressional District
TX-25

Loan Use Breakdown

Payroll
$216,000
Utilities
$15,000
Mortgage Interest
$5,000

Lender Information

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

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