New Wave Energy Services Ltd

$3,279,000 PPP Loan in Midland, Texas

Loan Details

Loan Number
4514387009
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$3,279,000
Current Approval
$3,408,128
Forgiveness Amount
$3,447,998
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Wave Energy Services Ltd
Address
303 W Wall Street, Suite 2201
State
Texas
ZIP Code
79701-5101
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
188
Estimated Revenue
$11.4M
Rural/Urban
Urban
Congressional District
TX-11

Loan Use Breakdown

Payroll
$3,108,128
Rent
$200,000
Health Care
$100,000

Lender Information

Servicing Lender
Bravera Bank
Originating Lender
Bravera Bank

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