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Farmers Cooperative Compress

$2,199,200 PPP Loan in Lubbock, Texas

Loan Details

Loan Number
4217677104
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$2,199,200
Current Approval
$2,199,200
Forgiveness Amount
$2,224,063
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Farmers Cooperative Compress
Address
Po Box 2877
City
Lubbock
State
Texas
ZIP Code
79408
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (493130)
Business Age
Existing or more than 2 years old
Jobs Reported
231
Estimated Revenue
$58.6M
Rural/Urban
Urban
Congressional District
TX-19

Loan Use Breakdown

Payroll
$1,971,023
Utilities
$42,182
Health Care
$185,995

Lender Information

Servicing Lender
Plainscapital Bank
Originating Lender
Plainscapital Bank

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