Americot INC

$2,005,800 PPP Loan in Lubbock, Texas

Loan Details

Loan Number
5178487009
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$2,005,800
Current Approval
$2,005,800
Forgiveness Amount
$2,028,588
Forgiveness Date
May 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Americot INC
Address
5013 122nd St
State
Texas
ZIP Code
79424-8281
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424910)
Business Age
Existing or more than 2 years old
Jobs Reported
111
Estimated Revenue
$28.6M
Rural/Urban
Urban
Congressional District
TX-19

Loan Use Breakdown

Payroll
$2,005,800

Lender Information

Servicing Lender
Prosperity Bank
Originating Lender
Amarillo National Bank

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