Flo-Test, Inc.

$417,500 PPP Loan in Odessa, Texas

Loan Details

Loan Number
6911337106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$417,500
Current Approval
$417,500
Forgiveness Amount
$421,559
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Flo-Test, Inc.
Address
P O Box 12820
City
Odessa
State
Texas
ZIP Code
79768-2820
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-11

Loan Use Breakdown

Payroll
$327,200
Rent
$61,800
Utilities
$3,500
Health Care
$21,800
Mortgage Interest
$1,700
Debt Interest
$1,500

Lender Information

Servicing Lender
Tejas Bank
Originating Lender
Tejas Bank

Other PPP Loans in Odessa, TX

BusinessApproved
Blakely Construction Co., Inc.$4,834,300NewBizBotAI Deep Dive
The Sewell Family of Companies, Inc.$4,729,057NewBizBotAI Deep Dive
Permian Tank &amp; Manufacturing, INC$4,698,500NewBizBotAI Deep Dive
Wfi INC$4,530,184NewBizBotAI Deep Dive
Viva Well Servicing Company, LP$4,336,200NewBizBotAI Deep Dive

Want to research this company further?