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Youngs Tank Inc.

$413,500 PPP Loan in Boyd, Texas

Loan Details

Loan Number
7514097009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$413,500
Current Approval
$410,800
Forgiveness Amount
$407,729
Forgiveness Date
Nov 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Youngs Tank Inc.
Address
3500 E Highway 114
City
Boyd
State
Texas
ZIP Code
76023-3423
Business Type
Corporation
Industry (NAICS)
Manufacturing (332313)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.3M
Rural/Urban
Rural
Congressional District
TX-12

Loan Use Breakdown

Payroll
$391,800
Utilities
$1,000
Health Care
$18,000

Lender Information

Servicing Lender
First State Bank
Originating Lender
First State Bank

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