Hugo Reed & Associates, Inc.

$709,500 PPP Loan in Lubbock, Texas

Loan Details

Loan Number
6556887101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$709,500
Current Approval
$709,500
Forgiveness Amount
$713,580
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Hugo Reed & Associates, Inc.
Address
1601 Avenue N
State
Texas
ZIP Code
79401
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541370)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$11.1M
Rural/Urban
Urban
Congressional District
TX-19

Loan Use Breakdown

Payroll
$605,117
Utilities
$3,026
Health Care
$93,037
Debt Interest
$8,320

Lender Information

Servicing Lender
Plainscapital Bank
Originating Lender
Plainscapital Bank

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