Lone Star Instrumentation and Electric Corporation

$2,000,000 PPP Loan in Odessa, Texas

Loan Details

Loan Number
4689208304
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,021,000
Forgiveness Date
Feb 10, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Lone Star Instrumentation and Electric Corporation
Address
2222 W 42nd St
City
Odessa
State
Texas
ZIP Code
79764-6305
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237130)
Business Age
Existing or more than 2 years old
Jobs Reported
193
Estimated Revenue
$59.8M
Rural/Urban
Urban
Congressional District
TX-11

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

Servicing Lender
Prosperity Bank
Originating Lender
Lone Star State Bank of West Texas, a Division of Prosperity Bank

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