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Penta Operating LLC

Midland, TX 79705

The loans, in SBA’s record

$2.4 million
Approved
$2,436,804
The amount of every loan as it now stands, added together.
2
Loans
1 first draw and 1 second draw.
$2.5 million
Forgiven
$2,461,950
The forgiveness amounts SBA records, as of September 30, 2024. Forgiveness and the amount approved are on different bases and do not compare.

How this compares

Amount approved: $2,436,804
By the amount SBA approved, ranks 23,041st of 10,688,106 borrowers nationally, 1,752nd of 871,560 in Texas and 33rd of 6,426 in the project’s county, Midland, TX. Larger than 99% of the 10,688,106 borrowers in SBA’s published loans, by amount approved. The project’s county is the one SBA printed on the borrower’s first loan, which need not be where the borrower is.

Each loan

5 more columns on a wider screen

Paycheck Protection Program loans to Penta Operating LLC, as SBA recorded them
Approved onAmountStatus
April 29, 2020$1.2 millionPaid in Full
January 27, 2021$1.2 millionPaid in Full

Forgiveness and the amount approved are on different bases and do not compare. “Operating in” is where SBA records the business as operating, which is not always the mailing address above. Browse every PPP loan by state and lender.

Sources

Data retrieved