Longbranch Energy LP

$202,500 PPP Loan in Center, Texas

Loan Details

Loan Number
9598057101
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$202,500
Current Approval
$202,500
Forgiveness Amount
$197,109
Forgiveness Date
Mar 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Longbranch Energy LP
Address
Po Box 716
City
Center
State
Texas
ZIP Code
75935-0716
Business Type
Partnership
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213111)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-01

Loan Use Breakdown

Payroll
$162,000
Rent
$20,250
Utilities
$20,250

Lender Information

Servicing Lender
Shelby Savings Bank, Ssb
Originating Lender
Shelby Savings Bank, Ssb

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