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Preferred Industrial Contractors Inc.

$1,936,500 PPP Loan in Cove, Texas

Loan Details

Loan Number
5022567002
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,936,500
Current Approval
$1,936,500
Forgiveness Amount
$1,955,381
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Preferred Industrial Contractors Inc.
Address
8125 Fm 3246
City
Cove
State
Texas
ZIP Code
77523-7463
Business Type
Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
105
Estimated Revenue
$25.7M
Rural/Urban
Rural
Congressional District
TX-36

Loan Use Breakdown

Payroll
$1,936,500

Lender Information

Servicing Lender
Third Coast Bank
Originating Lender
Third Coast Bank

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