Matagorda Oilfield Specialty

$80,500 PPP Loan in Bay City, Texas

Loan Details

Loan Number
9712067000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$80,500
Current Approval
$80,500
Forgiveness Amount
$79,042
Forgiveness Date
Feb 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Matagorda Oilfield Specialty
Address
3586 Fm 2668
State
Texas
ZIP Code
77414
Business Type
Corporation
Industry (NAICS)
Construction (237120)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-22

Loan Use Breakdown

Payroll
$64,446
Utilities
$4,931
Health Care
$5,697
Debt Interest
$5,426

Lender Information

Servicing Lender
International Bank of Commerce
Originating Lender
International Bank of Commerce

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