The Porter Company/mechanical Contractors

$4,368,500 PPP Loan in Manchaca, Texas

Loan Details

Loan Number
5587547004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$4,368,500
Current Approval
$4,368,500
Forgiveness Amount
$4,410,001
Forgiveness Date
Mar 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Porter Company/mechanical Contractors
Address
2105 Fm 1626
State
Texas
ZIP Code
78652-4501
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
237
Estimated Revenue
$75.0M
Rural/Urban
Urban
Congressional District
TX-21

Loan Use Breakdown

Payroll
$3,750,000
Utilities
$250,500
Mortgage Interest
$368,000

Lender Information

Servicing Lender
Broadway National Bank
Originating Lender
Broadway National Bank

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