Petroplex Pipe & Construction

$2,573,429 PPP Loan in Midland, Texas

Loan Details

Loan Number
8681337000
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$2,573,429
Current Approval
$2,573,429
Forgiveness Amount
$2,607,312
Forgiveness Date
Aug 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Petroplex Pipe & Construction
Address
2802 W County Road 111
State
Texas
ZIP Code
79706-3840
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
121
Estimated Revenue
$7.3M
Rural/Urban
Urban
Congressional District
TX-11

Loan Use Breakdown

Payroll
$2,573,429

Lender Information

Servicing Lender
Community National Bank
Originating Lender
Community National Bank

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