South Plains Lamesa Railroad Ltd

$197,100 PPP Loan in Slaton, Texas

Loan Details

Loan Number
4023837106
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$197,100
Current Approval
$196,000
Forgiveness Amount
$197,780
Forgiveness Date
Mar 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
South Plains Lamesa Railroad Ltd
Address
10917 E Fm 2150
City
Slaton
State
Texas
ZIP Code
79364
Business Type
Partnership
Industry (NAICS)
Transportation and Warehousing (488510)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
$5.8M
Rural/Urban
Urban
Congressional District
TX-19

Loan Use Breakdown

Payroll
$146,719
Rent
$49,281

Lender Information

Servicing Lender
Plainscapital Bank
Originating Lender
Plainscapital Bank

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