J and M Welding and Fabrication, INC

$1,985,900 PPP Loan in Wolfforth, Texas

Loan Details

Loan Number
4480947001
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$1,985,900
Current Approval
$1,985,900
Forgiveness Amount
$2,005,428
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
J and M Welding and Fabrication, INC
Address
7703 Fm 1585
State
Texas
ZIP Code
79382-5604
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (211120)
Business Age
Existing or more than 2 years old
Jobs Reported
139
Estimated Revenue
$8.4M
Rural/Urban
Urban
Congressional District
TX-19

Loan Use Breakdown

Payroll
$1,588,720
Rent
$198,590
Utilities
$198,590

Lender Information

Servicing Lender
City Bank
Originating Lender
City Bank

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