South Plains Implement, Ltd

$4,481,000 PPP Loan in Seminole, Texas

Loan Details

Loan Number
7354247006
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$4,481,000
Current Approval
$4,481,000
Forgiveness Amount
$4,531,536
Forgiveness Date
Jun 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
South Plains Implement, Ltd
Address
204 US Highway 385
State
Texas
ZIP Code
79360-7046
Business Type
Partnership
Industry (NAICS)
Wholesale Trade (423820)
Business Age
Existing or more than 2 years old
Jobs Reported
276
Estimated Revenue
$84.6M
Rural/Urban
Rural
Congressional District
TX-19

Loan Use Breakdown

Payroll
$4,481,000

Lender Information

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

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