Presto Oilfield Services, LLC

$500,000 PPP Loan in Midland, Texas

Loan Details

Loan Number
6583197101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$500,000
Current Approval
$500,000
Forgiveness Amount
$504,699
Forgiveness Date
Apr 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Presto Oilfield Services, LLC
Address
2913 Sunburst Dr
State
Texas
ZIP Code
79707
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Other Services (except Public Administration) (811198)
Business Age
New Business or 2 years or less
Jobs Reported
35
Estimated Revenue
$6.9M
Rural/Urban
Urban
Congressional District
TX-11

Loan Use Breakdown

Payroll
$500,000

Lender Information

Servicing Lender
Customers Bank
Originating Lender
Readycap Lending, LLC

Other PPP Loans in Midland, TX

BusinessApproved
Yellowjacket Oilfield Services, L.l.c.$9,486,850NewBizBotAI Deep Dive
Imperative Chemical Partners, Inc.$8,693,400NewBizBotAI Deep Dive
Energy Services Holdings, LLC$7,349,975NewBizBotAI Deep Dive
The Bosworth Company, Ltd$5,900,000NewBizBotAI Deep Dive
Wildcat Oil Tools, LLC$5,190,800NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free