Forbes Energy Services, LLC
$10,000,000 PPP Loan in Alice, Texas
Loan Details
- Loan Number
- 4183417402
- Date Approved
- May 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $10,000,000
- Current Approval
- $10,000,000
- Forgiveness Amount
- $10,212,329
- Forgiveness Date
- Jun 30, 2022
- Term
- 60 months
- Draw
- First Draw
Business Information
- Business Name
- Forbes Energy Services, LLC
- Address
- 3000 US Highway 281
- City
- Alice
- State
- Texas
- ZIP Code
- 78332-2962
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Mining, Quarrying, and Oil and Gas Extraction (213112)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 500
- Estimated Revenue
- $30.3M
- Rural/Urban
- Rural
- Congressional District
- TX-34
Loan Use Breakdown
- Payroll
- $10,000,000
Lender Information
- Servicing Lender
- Texas Champion Bank
- Originating Lender
- Texas Champion Bank
Other PPP Loans in Alice, TX
| Business | Approved | |
|---|---|---|
| Fesco Ltd | $10,000,000 |  Research |
| Ag-Pro Texas, LLC | $5,163,000 | Research |
| South Texas Oilfield Solutions, LLC | $3,675,387 | Research |
| Dixie Iron Works Ltd | $3,319,500 | Research |
| Dixie Iron Works Ltd | $2,000,000 | Research |
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