South Texas Oilfield Solutions, LLC
$3,675,387 PPP Loan in Alice, Texas
Loan Details
- Loan Number
- 5256927104
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $3,675,387
- Current Approval
- $3,675,387
- Forgiveness Amount
- $3,722,210
- Forgiveness Date
- Jul 27, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- South Texas Oilfield Solutions, LLC
- Address
- 411 N Flournoy Rd Ste 102
- City
- Alice
- State
- Texas
- ZIP Code
- 78332-4033
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Mining, Quarrying, and Oil and Gas Extraction (213112)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 253
- Estimated Revenue
- $15.4M
- Rural/Urban
- Rural
- Congressional District
- TX-34
Loan Use Breakdown
- Payroll
- $3,200,000
- Rent
- $50,000
- Utilities
- $25,000
- Health Care
- $100,000
- Debt Interest
- $300,387
Lender Information
- Servicing Lender
- Charter Bank
- Originating Lender
- Charter Bank
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