Drives & Controls Services, Inc.

$476,260 PPP Loan in Tyler, Texas

Loan Details

Loan Number
9694377005
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$476,260
Current Approval
$476,260
Forgiveness Amount
$481,832
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Drives & Controls Services, Inc.
Address
2003 Patridge St Ste D
City
Tyler
State
Texas
ZIP Code
75701-0514
Business Type
Subchapter S Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-01

Loan Use Breakdown

Payroll
$476,260

Lender Information

Servicing Lender
Texas Bank and Trust Company
Originating Lender
Texas Bank and Trust Company

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