Phipps Family Farms

$24,100 PPP Loan in Welch, Texas

Loan Details

Loan Number
6899258904
Date Approved
May 5, 2021
Loan Status
Paid in Full
Initial Approval
$24,100
Current Approval
$24,100
Forgiveness Amount
$24,245
Forgiveness Date
Dec 14, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Phipps Family Farms
Address
610 County Road 3
City
Welch
State
Texas
ZIP Code
79377
Business Type
Partnership
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (111920)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-11

Loan Use Breakdown

Payroll
$24,099
Utilities
$1

Lender Information

Servicing Lender
Prosperity Bank
Originating Lender
Lone Star State Bank of West Texas, a Division of Prosperity Bank

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