Durrett Production Services

$107,000 PPP Loan in Arp, Texas

Loan Details

Loan Number
8428707000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$107,000
Current Approval
$107,000
Forgiveness Amount
$107,942
Forgiveness Date
Mar 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Durrett Production Services
Address
22221 State Highway 64 E
City
Arp
State
Texas
ZIP Code
75750-9565
Business Type
Sole Proprietorship
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (211120)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-01

Loan Use Breakdown

Payroll
$89,169
Rent
$10,540
Utilities
$2,935
Mortgage Interest
$1,442
Debt Interest
$2,914

Lender Information

Servicing Lender
Citizens Bank
Originating Lender
Citizens Bank

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