J.o. Alvarez, Inc.

$598,100 PPP Loan in Laredo, Texas

Loan Details

Loan Number
8233887008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$598,100
Current Approval
$598,100
Forgiveness Amount
$606,490
Forgiveness Date
Sep 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
J.o. Alvarez, Inc.
Address
1 Andy Ramos Road
City
Laredo
State
Texas
ZIP Code
78043-9773
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (488510)
Business Age
Existing or more than 2 years old
Jobs Reported
67
Estimated Revenue
$26.0M
Rural/Urban
Urban
Congressional District
TX-28

Loan Use Breakdown

Payroll
$478,520
Rent
$95,592
Utilities
$23,988

Lender Information

Servicing Lender
International Bank of Commerce
Originating Lender
International Bank of Commerce

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