Moreman Community Gin Association

$166,500 PPP Loan in Port Lavaca, Texas

Loan Details

Loan Number
8826638408
Date Approved
Feb 14, 2021
Loan Status
Paid in Full
Initial Approval
$166,500
Current Approval
$166,500
Forgiveness Amount
$168,054
Forgiveness Date
Feb 3, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Moreman Community Gin Association
Address
10254 State Highway 35 S
State
Texas
ZIP Code
77979-6270
Business Type
Cooperative
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (115111)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-27

Loan Use Breakdown

Payroll
$166,498
Utilities
$1

Lender Information

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

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