Padic, INC

$90,300 PPP Loan in Gainesville, Texas

Loan Details

Loan Number
9650497004
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$90,300
Current Approval
$90,300
Forgiveness Amount
$91,010
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Padic, INC
Address
1609 E. Broadway
State
Texas
ZIP Code
76240
Business Type
Subchapter S Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561611)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-26

Loan Use Breakdown

Payroll
$75,300
Rent
$10,000
Utilities
$5,000

Lender Information

Servicing Lender
Muenster State Bank
Originating Lender
Muenster State Bank

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