Cnc Router & Plasma INC

$416,800 PPP Loan in Mineola, Texas

Loan Details

Loan Number
7423447001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$416,800
Current Approval
$416,800
Forgiveness Amount
$419,906
Forgiveness Date
Jan 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cnc Router & Plasma INC
Address
140 County Road 2840
State
Texas
ZIP Code
75773-5918
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$12.6M
Rural/Urban
Rural
Congressional District
TX-05

Loan Use Breakdown

Payroll
$333,400
Utilities
$43,000
Mortgage Interest
$40,400

Lender Information

Servicing Lender
Commercial Bank of Texas, N.a.
Originating Lender
Commercial Bank of Texas, N.a.

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