Orteq Energy Technologies, LLC

$1,271,500 PPP Loan in Gainesville, Texas

Loan Details

Loan Number
6466317003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,271,500
Current Approval
$1,271,500
Forgiveness Amount
$1,279,024
Forgiveness Date
Nov 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Orteq Energy Technologies, LLC
Address
3401 Highway 82
State
Texas
ZIP Code
76240-2001
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
84
Estimated Revenue
$21.6M
Rural/Urban
Rural
Congressional District
TX-26

Loan Use Breakdown

Payroll
$1,017,200
Rent
$95,363
Utilities
$95,363
Health Care
$63,575

Lender Information

Servicing Lender
First State Bank
Originating Lender
First State Bank

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