Lr Pipe & Completion Products Inc.

$445,468 PPP Loan in Magnolia, Texas

Loan Details

Loan Number
9011417104
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$445,468
Current Approval
$445,468
Forgiveness Amount
$449,386
Forgiveness Date
Mar 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lr Pipe & Completion Products Inc.
Address
38927 Fm 1774 Rd
State
Texas
ZIP Code
77355-3111
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332996)
Business Age
New Business or 2 years or less
Jobs Reported
37
Estimated Revenue
$9.0M
Rural/Urban
Urban
Congressional District
TX-08

Loan Use Breakdown

Payroll
$416,655
Rent
$18,000
Utilities
$10,813

Lender Information

Servicing Lender
First National Bank of Anderson
Originating Lender
First National Bank of Anderson

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