Rural Economic Assistance League INC
$489,900 PPP Loan in Alice, Texas
Loan Details
- Loan Number
- 9142127209
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $489,900
- Current Approval
- $489,900
- Forgiveness Amount
- $495,384
- Forgiveness Date
- Jun 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rural Economic Assistance League INC
- Address
- 301 Lucero
- City
- Alice
- State
- Texas
- ZIP Code
- 78332-5848
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Transportation and Warehousing (485999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 234
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Rural
- Congressional District
- TX-34
Loan Use Breakdown
- Payroll
- $489,900
Lender Information
- Servicing Lender
- First Community Bank
- Originating Lender
- First Community Bank
Other PPP Loans in Alice, TX
| Business | Approved | |
|---|---|---|
| Fesco Ltd | $10,000,000 | |
| Forbes Energy Services, LLC | $10,000,000 | |
| Ag-Pro Texas, LLC | $5,163,000 | |
| South Texas Oilfield Solutions, LLC | $3,675,387 | |
| Dixie Iron Works Ltd | $3,319,500 |
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