Southwest Royalties INC
$527,700 PPP Loan in Midland, Texas
Loan Details
- Loan Number
- 8238837210
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $527,700
- Current Approval
- $527,700
- Forgiveness Amount
- $533,237
- Forgiveness Date
- May 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Southwest Royalties INC
- Address
- 200 N Loraine Suite 400
- City
- Midland
- State
- Texas
- ZIP Code
- 79701-4735
- Business Type
- Corporation
- Industry (NAICS)
- Mining, Quarrying, and Oil and Gas Extraction (211120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 23
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- TX-11
Loan Use Breakdown
- Payroll
- $527,700
Lender Information
- Servicing Lender
- Prosperity Bank
- Originating Lender
- Prosperity Bank
Other PPP Loans in Midland, TX
| Business | Approved | |
|---|---|---|
| Yellowjacket Oilfield Services, L.l.c. | $9,486,850 |  AI Deep Dive |
| Imperative Chemical Partners, Inc. | $8,693,400 | AI Deep Dive |
| Energy Services Holdings, LLC | $7,349,975 | AI Deep Dive |
| The Bosworth Company, Ltd | $5,900,000 | AI Deep Dive |
| Wildcat Oil Tools, LLC | $5,190,800 | AI Deep Dive |
Want to research this company further?