Polymer Adhesive Sealant Systems, Inc.

$506,100 PPP Loan in Mineral Wells, Texas

Loan Details

Loan Number
5659657100
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$506,100
Current Approval
$506,100
Forgiveness Amount
$509,558
Forgiveness Date
Dec 28, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Polymer Adhesive Sealant Systems, Inc.
Address
501 Garrett Morris Pkwy
State
Texas
ZIP Code
76067-9013
Business Type
Corporation
Industry (NAICS)
Manufacturing (325520)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$49.6M
Rural/Urban
Rural
Congressional District
TX-25

Loan Use Breakdown

Payroll
$437,137
Utilities
$20,462
Health Care
$38,834
Debt Interest
$9,667

Lender Information

Servicing Lender
Plainscapital Bank
Originating Lender
Plainscapital Bank

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