Royalty Well Service INC

$582,507 PPP Loan in Marshall, Texas

Loan Details

Loan Number
5909117204
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$582,507
Current Approval
$582,507
Forgiveness Amount
$591,540
Forgiveness Date
Nov 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Royalty Well Service INC
Address
6000 East End Blvd S
State
Texas
ZIP Code
75672
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
New Business or 2 years or less
Jobs Reported
54
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-01

Loan Use Breakdown

Payroll
$582,507

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Cadence Bank

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