MD Energy Services LLC

$640,900 PPP Loan in Midland, Texas

Loan Details

Loan Number
6000947002
Date Approved
Apr 6, 2020
Loan Status
Exemption 4
Initial Approval
$640,900
Current Approval
$640,900
Forgiveness Amount
$503,690
Forgiveness Date
Jul 20, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
MD Energy Services LLC
Address
2703 S Count Rd 1180 Yard G
State
Texas
ZIP Code
79706-4032
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$6.8M
Rural/Urban
Urban
Congressional District
TX-11

Loan Use Breakdown

Payroll
$566,500
Rent
$5,400
Utilities
$15,000
Debt Interest
$54,000

Lender Information

Servicing Lender
First United Bank and Trust Company
Originating Lender
First United Bank and Trust Company

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