Falls Tech, Inc.

$1,852,000 PPP Loan in Wichita Falls, Texas

Loan Details

Loan Number
4348117002
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$1,852,000
Current Approval
$1,777,261
Forgiveness Amount
$1,787,530
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Falls Tech, Inc.
Address
2700 Commerce
State
Texas
ZIP Code
76301-8051
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423450)
Business Age
Existing or more than 2 years old
Jobs Reported
129
Estimated Revenue
$39.5M
Rural/Urban
Urban
Congressional District
TX-13

Loan Use Breakdown

Payroll
$1,777,261

Lender Information

Servicing Lender
Prosperity Bank
Originating Lender
Prosperity Bank

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