L&g Concrete Construction

$2,513,400 PPP Loan in Mercedes, Texas

Loan Details

Loan Number
4639017007
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$2,513,400
Current Approval
$2,513,400
Forgiveness Amount
$2,543,142
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
L&g Concrete Construction
Address
2100 W. Expressway 83
State
Texas
ZIP Code
78570-9764
Business Type
Corporation
Industry (NAICS)
Construction (238110)
Business Age
Existing or more than 2 years old
Jobs Reported
250
Estimated Revenue
$57.8M
Rural/Urban
Urban
Congressional District
TX-34

Loan Use Breakdown

Payroll
$1,885,050
Utilities
$314,175
Mortgage Interest
$314,175

Lender Information

Servicing Lender
Texas National Bank
Originating Lender
Texas National Bank

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