Ludco, Inc.

$657,700 PPP Loan in Nacogdoches, Texas

Loan Details

Loan Number
5053647005
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$657,700
Current Approval
$657,700
Forgiveness Amount
$661,777
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ludco, Inc.
Address
3210 SW Stallings Dr
State
Texas
ZIP Code
75964-4952
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
51
Estimated Revenue
$16.8M
Rural/Urban
Rural
Congressional District
TX-17

Loan Use Breakdown

Payroll
$525,000
Rent
$50,000
Utilities
$50,000
Health Care
$2,700
Mortgage Interest
$30,000

Lender Information

Servicing Lender
Commercial Bank of Texas, N.a.
Originating Lender
Commercial Bank of Texas, N.a.

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