Stanolind Operating LLC

$800,000 PPP Loan in Midland, Texas

Loan Details

Loan Number
7472407802
Date Approved
Jun 3, 2020
Loan Status
Paid in Full
Initial Approval
$800,000
Current Approval
$800,000
Forgiveness Amount
$806,889
Forgiveness Date
Apr 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Stanolind Operating LLC
Address
310 W Wall Street Suite 1000
State
Texas
ZIP Code
79701-5102
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (211120)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-11

Loan Use Breakdown

Payroll
$640,000
Utilities
$80,000
Mortgage Interest
$80,000

Lender Information

Servicing Lender
Gulf Capital Bank
Originating Lender
Gulf Capital Bank

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