COVID Stimulus Watch Individual Entry

Recipient Company:

PEL Gulf Coast LLC/Perdido Energy Louisiana LLC/Perdido Energy LLC

Loan or Loan Guarantee Amount:

$15,000,000

Recipient Details

Ownership Structure: privately held

Facility City: Houston/Franklin/Austin

Facility State: TX

Award Details

Award Date: Dec 24, 2020

Award Type: loan

Award Details: Amount is principal amount of loan purchased by the Main Street Loan Program. This loan has multiple co-borrowers. CO-BORROWERS: 1. PEL Gulf Coast LLC (Houston, TX); 2. Perdido Energy Louisiana LLC (Franklin, LA); 3. Perdido Energy LLC (Austin, TX).

PPP Lender: Commercewest Bank

Program Name: Main Street Loan Program

Legislation: CARES

Awarding Agency: Federal Reserve

Data Source for Award:

https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Good Jobs First has not matched this entity to a parent company.

Accountability Issues Since 2010

Good Jobs First does not have any accountability data for this record.