18 RIG PARTS INC (TX) - 2020 PPP Loan Borrower Profile (# 5652877300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 18 RIG PARTS INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Texas.

Loan Detail

Loan Number

5652877300

SBA Office Code

0671

Processing Method

PPP

Curent Loan Amount

$80,970

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$81,788.7

Date Loan was Forgiven

May 4, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,000

Payroll Proced

78,970

Rent Proceed

1,000

Lender

First Source Federal Credit Union

Business Detail

Business Type

Corporation

NAICS

336211

Borrower Location

HOUSTON, TX

Project Location

HOUSTON, TX

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.