Lb Pipe & Coupling Products, LLC
$427,000 PPP Loan in Magnolia, Texas
Loan Details
- Loan Number
- 6312787110
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $427,000
- Current Approval
- $427,000
- Forgiveness Amount
- $430,665
- Forgiveness Date
- Feb 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lb Pipe & Coupling Products, LLC
- Address
- 21220 Fm 1488
- City
- Magnolia
- State
- Texas
- ZIP Code
- 77355
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Manufacturing (333132)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 41
- Estimated Revenue
- $10.7M
- Rural/Urban
- Urban
- Congressional District
- TX-08
Loan Use Breakdown
- Payroll
- $342,000
- Utilities
- $42,500
- Mortgage Interest
- $42,500
Lender Information
- Servicing Lender
- Gulf Capital Bank
- Originating Lender
- Gulf Capital Bank
Other PPP Loans in Magnolia, TX
| Business | Approved | |
|---|---|---|
| Lincoln Manufacturing, Inc. | $3,350,800 |  AI Deep Dive |
| Mckinney Restaurant I LLC | $1,935,800 | AI Deep Dive |
| Lincoln Manufacturing INC | $1,844,195 | AI Deep Dive |
| Mba Energy & Industrial, LLC | $1,440,300 | AI Deep Dive |
| Mba Energy & Industrial LLC | $1,438,300 | AI Deep Dive |
Want to research this company further?
Try NewBizBot free