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Industrial Oils, Inc.

$464,900 PPP Loan in Midland, Texas

Loan Details

Loan Number
8080207001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$464,900
Current Approval
$464,900
Forgiveness Amount
$468,800
Forgiveness Date
Feb 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Industrial Oils, Inc.
Address
2 W Industrial Loop
City
Midland
State
Texas
ZIP Code
79701-8519
Business Type
Corporation
Industry (NAICS)
Retail Trade (454310)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$10.8M
Rural/Urban
Urban
Congressional District
TX-11

Loan Use Breakdown

Payroll
$464,900

Lender Information

Servicing Lender
Southwest Bank
Originating Lender
Southwest Bank

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