Amalgamate Processing, INC

$682,000 PPP Loan in Richland Hills, Texas

Loan Details

Loan Number
5602717006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$682,000
Current Approval
$682,000
Forgiveness Amount
$686,372
Forgiveness Date
Dec 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Amalgamate Processing, INC
Address
2525 Handley Ederville Rd
State
Texas
ZIP Code
76118-6910
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424990)
Business Age
Existing or more than 2 years old
Jobs Reported
76
Estimated Revenue
$19.6M
Rural/Urban
Urban
Congressional District
TX-12

Loan Use Breakdown

Payroll
$545,604
Rent
$103,564
Utilities
$31,135
Mortgage Interest
$1,697

Lender Information

Servicing Lender
First State Bank
Originating Lender
First State Bank

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