Kv Power, LLC

$9,258,470 PPP Loan in Andrews, Texas

Loan Details

Loan Number
6069637110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$9,258,470
Current Approval
$8,904,948
Forgiveness Amount
$9,011,806
Forgiveness Date
Jun 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kv Power, LLC
Address
1828 NW Ave F
State
Texas
ZIP Code
79714
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
New Business or 2 years or less
Jobs Reported
500
Estimated Revenue
$30.3M
Rural/Urban
Urban
Congressional District
TX-19

Loan Use Breakdown

Payroll
$7,123,959
Utilities
$890,495
Mortgage Interest
$890,494

Lender Information

Servicing Lender
Gulf Capital Bank
Originating Lender
Gulf Capital Bank

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