Mcada Drilling Fluids INC

$2,000,000 PPP Loan in Bay City, Texas

Loan Details

Loan Number
4705518304
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,012,493
Forgiveness Date
Sep 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mcada Drilling Fluids INC
Address
720 Avenue F N
State
Texas
ZIP Code
77414-9573
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
79
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-22

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

Servicing Lender
Prosperity Bank
Originating Lender
Prosperity Bank

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