Performance Wellhead & Frac Components

$2,178,500 PPP Loan in Houston, Texas

Loan Details

Loan Number
9616917104
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$2,178,500
Current Approval
$2,178,500
Forgiveness Amount
$2,206,518
Forgiveness Date
Aug 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Performance Wellhead & Frac Components
Address
8505 Jackrabbit Rd
State
Texas
ZIP Code
77095-3009
Business Type
Corporation
Industry (NAICS)
Manufacturing (333132)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
$8.6M
Rural/Urban
Urban
Congressional District
TX-07

Loan Use Breakdown

Payroll
$1,408,500
Utilities
$70,000
Mortgage Interest
$700,000

Lender Information

Servicing Lender
Cadence Bank
Originating Lender
Cadence Bank

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