Description
Exhibit 10.3
| Banc of America Leasing & Capital, LLC |
| Equipment Security Note Number 70001 |
This Equipment Security Note No. 70001, dated as of November 1, 2012, (this “Equipment Note”), is entered into pursuant to and incorporates by this reference all of the terms and provisions of that certain Master Loan and Security Agreement No. 25030-70000 dated as of November 1, 2012 (the “Master Agreement”), by and between Banc of America Leasing & Capital, LLC (“Lender”) and Stellaris LLC (“Co-Borrower”), James Construction Group, L.L.C. (“Co-Borrower”), Miller Springs Materials, L.L.C. (“Co-Borrower”) and Primoris Energy Services Corporation (“Co-Borrower”), (each a Co-Borrower herein, together referred to as “Borrower”). All capitalized terms used herein and not defined herein shall have the respective meanings assigned to such terms in the Master Agreement. If any provision of this Equipment Note conflicts with any provision of the Master Agreement, the provisions contained in this Equipment Note shall prevail. Borrower hereby authorizes Lender to insert the serial numbers and other identification data of the Equipment, dates, and other omitted factual matters or descriptions in this Equipment Note.
The occurrence of an “Event of Default,” as defined in the Master Agreement, shall entitle Lender to accelerate the maturity of this Equipment Note and to declare the Prepayment Amount to be immediately due and payable, and to proceed at once to exercise each and every one of the remedies provided in the Master Agreement or otherwise available at law or in equity. All of Borrower’s Obligations under this Equipment Note are absolute and unconditional, and shall not be subject to any offset or deduction whatsoever. Borrower waives any right to assert, by way of counterclaim or affirmative defense in any action to enforce Borrower’s Obligations hereunder, any claim whatsoever against Lender.
1. Equipment Financed; Equipment Location; Grant of Security Interest. Subject to the terms and provisions of the Master Agreement and as provided herein, Lender is providing financing in the principal amount described in Section 2 below to Borrower in connection with the acquisition or financing of the following described Equipment:
| Quantity |
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| See Exhibit “A” attached hereto and made a part hereof. | ||||||
Location of Equipment. The Equipment will be located or (in the case of over-the-road vehicles) based at the following locations:
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| See Exhibit “A” attached hereto and made a part hereof. | ||||||||||
Borrower has agreed and does hereby grant a security interest in and to the Equipment and the Collateral related thereto, whether now owned or hereafter acquired and wherever located, in order to secure the payment and performance of all Obligations owing to Lender, including but not limited to this Equipment Note, all as more particularly provided in the Master Agreement. Lender’s agreement to provide the financing contemplated herein shall be subject to the satisfaction of all conditions established by Lender and Lender’s prior receipt of all required documentation in form and substance satisfactory to Lender in its sole discretion.
2. Payments. For value received, Borrower promises to pay to the order of Lender, the principal amount of $10,000,000.00, together with interest thereon as provided herein. This Equipment Note shall be payable by Borrower to Lender in 84 (eighty four) consecutive monthly, installments of principal and interest (the “Payments”) commencing on December 7, 2012 (the “Initial Payment”) and continuing thereafter through and including November 7, 2019 (the “Maturity Date”) (collectively, the “Equipment Note Term”). Each Payment shall be in the amount provided below, and due and payable on the same day of the month as the Initial Payment set forth above in each succeeding payment period (each, a “Payment Date”) during Equipment Note Term. All interest hereunder shall be calculated on the basis of a year of 360 days comprised of 12 months of 30 days each. The final Payment due and payable on the Maturity Date shall in any event be equal to the entire outstanding and unpaid principal amount of this Equipment Note, together with all accrued and unpaid interest, charges and other amounts owing hereunder and under the Master Agreement.
(a) Interest Rate. Interest shall accrue on the entire principal amount of this Equipment Note outstanding from time to time at a fixed rate of two and 23/100 percent (2.23%) per annum or, if less, the highest rate of interest permitted by applicable law (the “Interest Rate”), from the date hereof until the principal amount of this Equipment Note is paid in full, and shall be due and payable on each Payment Date.
(b) Payment Amount. The principal and interest amount of each Payment shall be $128,691.28.
1
3. Prepayment. Borrower may prepay all (but not less than all) of the outstanding principal balance of this Equipment Note on a scheduled Payment Date upon 30 days prior written notice from Borrower to Lender, provided that any such prepayment shall be made together with (a) all accrued interest and other charges and amounts owing hereunder through the date of prepayment, and (b) a prepayment charge calculated as follows: two percent (2.0%) of the amount prepaid during months one (1) through twelve (12), one percent (1.0%) of the amount prepaid during months thirteen (13) through thirty-six (36), and no prepayment penalty thereafter; provided, however, that, if any prepayment of this Equipment Note is made following an Event of Default, by reason of acceleration or otherwise, the prepayment charge shall be calculated based upon the full original Equipment Note Term.
4. Borrower Acknowledgements. Upon delivery and acceptance of the Equipment, Borrower shall execute this Equipment Note evidencing the amounts financed by Lender in respect of such Equipment and the Payments of principal and interest hereunder. By its execution and delivery of this Equipment Note, Borrower:
(a) reaffirms of all of Borrower’s representations, warranties and covenants as set forth in the Master Agreement and represents and warrants that no Default or Event of Default under the Master Agreement exists as of the date hereof;
(b) represents, warrants and agrees that: (i) the Equipment has been delivered and is in an operating condition and performing the operation for which it is intended to the satisfaction of Borrower; (ii) each item of Equipment has been unconditionally accepted by Borrower for all purposes under the Master Agreement and this Equipment Note; and (iii) there has been no material adverse change in the operations, business, properties or condition, financial or otherwise, of Borrower or any Guarantor since June 30, 2012;
(c) authorizes and directs Lender to advance the principal amount of this Equipment Note to reimburse Borrower or pay Vendors all or a portion of the purchase price of Equipment in accordance with Vendors’ invoices therefor, receipt and approval of which are hereby reaffirmed by Borrower; and
(d) agrees that Borrower is absolutely and unconditionally obligated to pay Lender all Payments at the times and in the manner set forth herein.
5. Registration.
(a) All items of Equipment that are motor vehicles shall at all times be registered and titled as follows:
| (A) | Registered Owner. | Miller Springs Materials, L.L.C. |
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| 11200 Industriplex Boulevard, Suite 150 |
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| Baton Rouge, LA 70809 |
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| James Construction Group, L.L.C. |
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| 11200 Industriplex Blvd, Suite 150 |
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| Baton Rouge, LA 70809 |
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| (B) | Lienholder. | Banc of America Leasing & Capital, LLC |
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| 2059 Northlake Parkway, 3rd Floor |
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| Tucker, GA 30084 |
(b) Borrower shall be responsible for the correct titling of all such items of Equipment. Borrower shall cause the original certificates of title to be delivered to Lender for retention in Lender’s files throughout the term of the Equipment Note All costs of such registration and licensing are for the account of Borrower.
| BANC OF AMERICA LEASING & CAPITAL, LLC |
| Co-Borrower: STELLARIS LLC | |||||||
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| By: | /s/ Freda Akuffo |
| By: | Primoris Services Corporation (fka Primoris | |||||
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| Corporation), its Sole Member | |||||
| Printed Name: | Freda Akuffo |
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| By: | /s/ Alfons Theeuwes | |||||
| Title: | Assistant Vice President |
| Printed Name: | Alfons Theeuwes | |||||
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| Title: | Senior Vice President | |||||
| Advance Date: | 11/7/2012 |
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| Co-Borrower: JAMES CONSTRUCTION GROUP, L.L.C. | |||||||||
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| By: | /s/ Donald Bonaventure | ||||||||
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| Printed Name: | Donald Bonaventure | ||||||||
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| Title: | Chief Financial Officer | ||||||||
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| Co-Borrower: MILLER SPRINGS MATERIALS, L. L. C. | |||||||||
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| By: | BTEX Materials, L.L.C., its Sole Member | |||||||
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| By: | /s/ Donald Bonaventure | |||||||
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| Print Name: | Donald Bonaventure | |||||||
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| Title: | Chief Financial Officer | |||||||
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| Co-Borrower: PRIMORIS ENERGY SERVICES CORPORATION | |||||||||
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| By: | /s/ Donald Bonaventure | ||||||||
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| Print Name: | Donald Bonaventure | ||||||||
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| Title: | Chief Financial Officer | ||||||||
3
Exhibit A
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| Cost for |
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| Serial/VIN |
| Note (total no more |
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| Year |
| Make |
| Model |
| Description/Body |
| number |
| than $10mm) |
| Equipment location |
| County |
| |
| Miller Spring Materials, L.L.C. |
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| |||||
| 2013 |
| KENWORTH |
| T800 |
| TANDEM TRACTOR |
| 1XKDDP9X2DJ356419 |
| $ | 110,807.55 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2013 |
| KENWORTH |
| T800 |
| TANDEM TRACTOR |
| 1XKDDP9X9DJ356420 |
| $ | 110,807.55 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2013 |
| KENWORTH |
| T800 |
| TANDEM TRACTOR |
| 1XKDDP9X0DJ356421 |
| $ | 110,807.55 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2013 |
| KENWORTH |
| T800 |
| TANDEM TRACTOR |
| 1XKDDP9X2DJ356422 |
| $ | 110,807.55 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2013 |
| KENWORTH |
| T800 |
| TANDEM TRACTOR |
| 1XKDDP9X4DJ356423 |
| $ | 110,807.55 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2013 |
| KENWORTH |
| T800 |
| TANDEM TRACTOR |
| 1XKDDP9X6DJ356424 |
| $ | 110,807.55 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2013 |
| KENWORTH |
| T800 |
| TANDEM TRACTOR |
| 1XKDDP9X8DJ356425 |
| $ | 110,807.55 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2013 |
| KENWORTH |
| T800 |
| TANDEM TRACTOR |
| 1XKDDP9XXDJ356426 |
| $ | 110,807.55 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2013 |
| KENWORTH |
| T800 |
| TANDEM TRACTOR |
| 1XKDDP9X1DJ356427 |
| $ | 110,807.55 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2013 |
| KENWORTH |
| T800 |
| TANDEM TRACTOR |
| 1XKDDP9X3DJ356428 |
| $ | 110,807.55 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2012 |
| Mate |
| DUMP TRAILER |
| 26’ Quad Axle Frame Trailers |
| 1M9F2633XCH036696 |
| $ | 59,922.77 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2012 |
| Mate |
| DUMP TRAILER |
| 26’ Quad Axle Frame Trailers |
| 1M9F26332CH036697 |
| $ | 59,922.77 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2012 |
| Mate |
| DUMP TRAILER |
| 26’ Quad Axle Frame Trailers |
| 1M9F26335CH036698 |
| $ | 59,922.77 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2012 |
| Mate |
| DUMP TRAILER |
| 26’ Quad Axle Frame Trailers |
| 1M9F26338CH036699 |
| $ | 59,922.77 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2012 |
| Mate |
| DUMP TRAILER |
| 26’ Quad Axle Frame Trailers |
| 1M9F26339CH036701 |
| $ | 59,922.77 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2012 |
| Mate |
| DUMP TRAILER |
| 26’ Quad Axle Frame Trailers |
| 1M9F26331CH036702 |
| $ | 59,922.77 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2012 |
| Mate |
| DUMP TRAILER |
| 26’ Quad Axle Frame Trailers |
| 1M9F26333CH036703 |
| $ | 59,922.77 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2012 |
| Mate |
| DUMP TRAILER |
| 26’ Quad Axle Frame Trailers |
| 1M9F26333CH036704 |
| $ | 59,922.77 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2012 |
| Mate |
| DUMP TRAILER |
| 26’ Quad Axle Frame Trailers |
| 1M9F26333CH036705 |
| $ | 59,922.77 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2012 |
| Mate |
| DUMP TRAILER |
| 26’ Quad Axle Frame Trailers |
| 1M9F26333CH036706 |
| $ | 59,922.77 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2006 |
| Eagle |
| 33D5500 |
| CHASSIS 1 AXLE EAGLE PLANT PRIMARY |
| 30355 |
| $ | 16,178.01 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2006 |
| Eagle |
| 33D5500 |
| 5 BY 16 2D SCREW |
| 30355 |
| $ | 17,756.36 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2006 |
| Eagle |
| 33D5500 |
| CONVEYOR 30 BY 50 EAGLE PLANT |
| 30355 |
| $ | 20,044.95 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2006 |
| Eagle |
| 33D5500 |
| FEEDER 45 BY 16 |
| 30355 |
| $ | 37,485.64 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2006 |
| Eagle |
| 33D5500 |
| IM 25 IMPACR CRUSHER |
| 30355 |
| $ | 80,890.07 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2006 |
| Eagle |
| 33D5500 |
| CHASSIS EAGLE PLANT |
| 30355 |
| $ | 127,253.89 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2006 |
| Eagle |
| 33D5500 |
| CRUSHER |
| 30355 |
| $ | 15,044.82 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2006 |
| Eagle |
| 33D5500 |
| ENGINE FOR CRUSHER |
| 30355 |
| $ | 24,533.18 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 1990 |
| Excel |
| 25 IMPACT HORIZONTAL |
| CRUSHER EXCEL 25 IMPACT |
| J1090113D |
| $ | 59,187.85 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2002 |
| Excel |
| 4300 |
| EXCEL 4300 CRUSHER W 2 CONVEYORS |
| J0402593D |
| $ | 104,811.82 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 1999 |
| Teledyne |
| 725X |
| HYDRAULIC HAMMER & STAND WITH BOOM |
| 1999058-1 |
| $ | 74,215.40 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2005 |
| Caterpillar |
| 980G |
| Wheel Loader 980 |
| AWH02257 |
| $ | 123,645.56 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
| 2003 |
| PUGMILL |
| 1000SS |
| PUG MILL 1000SS |
| 1439 |
| $ | 284,361.74 |
| 6218 Hwy. 317, Temple, TX 76502 |
| Bell County TX |
|
|
|
|
|
|
|
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|
|
| $ | 2,692,712.49 |
|
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|
| |
| James Consturction Group, LLC |
|
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| |||||
| 1997 |
| BADGER |
| N/A |
| BREAKER |
| BB8607 |
| $ | 59,187.85 |
| 2201 Hwy 33 North Ruston, LA 71270 |
| Caddo Parish LA |
|
| 1997 |
| INTL |
| S2000/4700 |
| DISTRIBUTOR TRUCK |
| 1HTSCABN3VH458786 |
| $ | 49,323.21 |
| 7600 I-H 35 Belton, TX 76513 |
| Bell County TX |
|
| 2002 |
| STERLING |
| 3500 |
| STERLING WITH ETNYRE DIST. |
| 2FZHAWBS02AJ72122 |
| $ | 59,187.85 |
| 6130 FM 2218 Richmond, TX 77469 |
| Fort Bend County TX |
|
| 2006 |
| STER |
| ETNYRE 2000 |
| DISTRIBUTOR TRUCK |
| 2FZAASDC36AW73589 |
| $ | 47,443.40 |
| 5505 Old Mooringsport Rd Shreveport, LA 71107 |
| Caddo Parish LA |
|
| 2001 |
| INTL |
| H288600/M4690 |
| ETNYRE DISTRIBUTOR |
| 1HTSCABN81H288600 |
| $ | 73,984.82 |
| 6130 FM 2218 Richmond, TX 77469 |
| Fort Bend County TX |
|
| 2004 |
| FORD |
| F750 W/2000 GAL TANK |
| DISTRIBUTOR |
| 3FRXF75N24V685273 |
| $ | 49,323.21 |
| 6130 FM 2218 Richmond, TX 77469 |
| Fort Bend County TX |
|
| 1995 |
| INTL |
| 4700 |
| DISTRIBUTOR |
| 1HTSCAAN1SH629743 |
| $ | 24,661.61 |
| 6130 FM 2218 Richmond, TX 77469 |
| Fort Bend County TX |
|
| 2009 |
| INTL |
| 7300 |
| FUEL/LUBE TRUCK 4X4 7300 |
| 1HTWBAANX9J134223 |
| $ | 69,052.50 |
| 525 COUNTY RD 640 E; MULBERRY, FL 33860 |
| Hillsborough County FL |
|
| 2010 |
| KENWORTH |
| T370 |
| FUEL/LUBE TRUCK |
| 2NKHHN7X1AM262463 |
| $ | 64,120.17 |
| 2220 Mine View Road Bowling Green, FL |
| Hardee County FL |
|
| 2009 |
| KENWORTH |
| T370 |
| FUEL LUBE TRUCK |
| 2NKHHN7X29M246168 |
| $ | 75,316.22 |
| 11603 Windfren Rd Houston TX 77064 |
| Harris County TX |
|
| 2011 |
| KENWORTH |
| T370 |
| LUBE TRUCK |
| 2NKHHN7X7BM274957 |
| $ | 78,460.04 |
| 5705 Belcher Oil City Road, Belcher, LA 71104 |
| Lincoln Parish LA |
|
| 2011 |
| KENWORTH |
| T370 |
| LUBE TRUCK |
| 2NKHHN7X9BM274958 |
| $ | 72,063.18 |
| 5880 Hwy 190W Belton, TX 76513 |
| Williamson County TX |
|
| 2012 |
| KENWORTH |
| T370 |
| FUEL LUBE TRUCK |
| 2NKHHN7XXCM308990 |
| $ | 86,711.26 |
| 37110 Hwy 30 Geismer, LA 70734 |
| Fort Bend County TX |
|
| 2012 |
| KENWORTH |
| T370 |
| FUEL LUBE TRUCK |
| 2NKHHN7X0CM326401 |
| $ | 158,335.55 |
| 5880 Hwy 190W Belton, TX 76513 |
| Fort Bend County TX |
|
| 2013 |
| KENWORTH |
| T370 |
| LUBE TRUCK |
| 2NKHHN7X3DM356249 |
| $ | 79,797.43 |
| 7600 I-H 35 Belton, TX 76513 |
| Bell County TX |
|
| 2013 |
| KENWORTH |
| T370 |
| LUBE TRUCK |
| 2NKHHN7X1DM356248 |
| $ | 79,797.43 |
| 5880 Hwy 190W Belton, TX 76513 |
| Fort Bend County TX |
|
| 2003 |
| MACK |
| CH613 |
| DUMP TRUCK |
| 1M2AA18Y03W152990 |
| $ | 49,323.21 |
| 1406 Mashburn Rd. Copperas Cove, TX 76522 |
| Bell County TX |
|
| 2003 |
| INTL |
| 9100 |
| TANDEM DUMP TRUCK |
| 2HSCAAXN63C051962 |
| $ | 36,045.11 |
| 1406 Mashburn Rd. Copperas Cove, TX 76522 |
| Fort Bend County TX |
|
| 2013 |
| KENWORTH |
| T370 |
| WATER TRUCK |
| 2NKHLN9X3DM350012 |
| $ | 134,755.33 |
| 2201 Hwy 33 North Ruston, LA 71270 |
| Lincoln Parish LA |
|
| 2001 |
| KENWORTH |
| W900 |
| WATER TRUCK |
| 1NKWLT0X21J881018 |
| $ | 76,804.85 |
| 5505 Old Mooringsport Rd Shreveport, LA 71107 |
| Caddo Parish LA |
|
| 2006 |
| INTL |
| 9200 |
| WATER TRUCK |
| 2HSCEAPR56C287885 |
| $ | 76,565.41 |
| 1406 Mashburn Rd. Copperas Cove, TX 76522 |
| Coryell County TX |
|
| 2006 |
| INTL |
| 9200 |
| WATER TRUCK |
| 2HSCEAPR96C319057 |
| $ | 76,565.41 |
| 105 E. Big Elm Road Troy, Tx 76579 |
| McLennan County TX |
|
| 2006 |
| VIKING |
| 4000CF |
| CEMENT PIG |
| 1T9SS56197R719442 |
| $ | 34,526.25 |
| 5705 Belcher Oil City Road, Belcher, LA 71104 |
| East Baton Rouge Parish LA |
|
| 2012 |
| Klein |
| FPT 120 |
| ELEVATING WATER TANK |
| 17046055 |
| $ | 40,965.64 |
| 105 E. Big Elm Road Troy, Tx 76579 |
| Bell County TX |
|
| 1999 |
| GOMACO |
| TC600 |
| TEXTURE CURE MACHINE |
| 904400039 |
| $ | 63,683.17 |
| 5505 Old Mooringsport Rd Shreveport, LA 71107 |
| Caddo Parish LA |
|
| 1985 |
| CMI |
| TC250 |
| TEXTURE CURE MACHINE |
| 7HC00142 |
| $ | 27,293.49 |
| 7600 I-H 35 Belton, TX 76513 |
| Bell County TX |
|
| 2012 |
| CAT |
| 140M |
| MOTOR GRADER |
| M9D00875 |
| $ | 326,555.98 |
| 105 E. Big Elm Road Troy, Tx 76579 |
| Bell County TX |
|
| 2005 |
| GOMACO |
| Gomaco 9500 |
| PLACER TRIMMER |
| 905500145 |
| $ | 426,716.89 |
| 10918 South Reitz Rd, BR, LA 70809 |
| East Baton Rouge Parish LA |
|
| 2002 |
| WIRTGEN |
| W2100-7 1/4’ |
| MILLING MACHINE |
| 9.21.0058 |
| $ | 147,969.63 |
| 6130 FM 2218 Richmond, TX 77469 |
| Austin County TX |
|
| 2011 |
| APE |
| 150 |
| HAMMER |
| 201111138 |
| $ | 199,273.17 |
| 100 Oak Lane Ste 3 Luling, LA 70070 |
| St Charles Parish LA |
|
| 1998 |
| CAT |
| 416C |
| BACKHOE 416C 2WD ES GP |
| 5YN06735 |
| $ | 24,661.61 |
| 7600 I-H 35 Belton, TX 76513 |
| Bell County TX |
|
| 2006 |
| CAT |
| 420E |
| BACKHOE 420E IT 4X4 |
| KMW01074 |
| $ | 49,323.21 |
| 7600 I-H 35 Belton, TX 76513 |
| Bell County TX |
|
| 2005 |
| CAT |
| 420D IT 4E |
| BACKHOE 420D IT 4X4 |
| BLN12673 |
| $ | 44,390.89 |
| 5880 Hwy 190W Belton, TX 76513 |
| Bell County TX |
|
| 2005 |
| CAT |
| 420D IT |
| BACKHOE 420D IT 4X4 |
| BLN12985 |
| $ | 44,390.89 |
| 11603 Windfren Rd Houston TX 77064 |
| Harris County TX |
|
| 2006 |
| CAT |
| 420E IT 4X |
| BACKHOE 420E IT 4X4 |
| KMW01185 |
| $ | 49,323.21 |
| 5880 Hwy 190W Belton, TX 76513 |
| Williamson County TX |
|
| 2005 |
| CAT |
| 416D |
| BACKHOE 416D |
| BFP14040 |
| $ | 36,992.41 |
| 105 E. Big Elm Road Troy, Tx 76579 |
| McLennan County TX |
|
| 2007 |
| CAT |
| 420E IT |
| BACKHOE 420E IT 4X4 |
| KMW1249 |
| $ | 54,255.53 |
| 7600 I-H 35 Belton, TX 76513 |
| Bell County TX |
|
| 2008 |
| CAT |
| 420E IT |
| BACKHOE |
| KMW02857 |
| $ | 43,893.46 |
| 5705 Belcher Oil City Road, Belcher, LA 71104 |
| Caddo Parish LA |
|
| 2007 |
| CAT |
| TL642 |
| TELEHANDLER TL642 |
| TBK00170 |
| $ | 46,857.05 |
| 7600 I-H 35 Belton, TX 76513 |
| Bell County TX |
|
| 2012 |
| CAT |
| 966K |
| WHEEL LOADER |
| TFS00202 |
| $ | 304,200.83 |
| 5505 Old Mooringsport Rd Shreveport, LA 71107 |
| Caddo Parish LA |
|
| 2012 |
| CAT |
| 938K IT |
| WHEEL LOADER |
| SWL00366 |
| $ | 193,257.20 |
| 7600 I-H 35 Belton, TX 76513 |
| Bell County TX |
|
| 2012 |
| CAT |
| 938 IT |
| WHEEL LOADER |
| SWL00494 |
| $ | 198,982.71 |
| 105 E. Big Elm Road Troy, Tx 76579 |
| Bell County TX |
|
| 2012 |
| CAT |
| 623H |
| SCRAPER |
| DBF00119 |
| $ | 611,512.14 |
| 105 E. Big Elm Road Troy, Tx 76579 |
| Bell County TX |
|
| 2010 |
| UFC |
| 835 |
| STRIPPING BUGGY |
| W10-162 |
| $ | 66,323.06 |
| 37110 Hwy 30 Geismer, LA 70734 |
| Ascension Parish LA |
|
| 2005 |
| ROADTEC |
| SB-2500C |
| SHUTTLE BUGGY |
| 809 |
| $ | 172,631.24 |
| 6130 FM 2218 Richmond, TX 77469 |
| Fort Bend County TX |
|
| 2004 |
| INGERSOLL RAND |
| PT240R |
| ROLLER |
| 178449 |
| $ | 39,458.57 |
| 105 E. Big Elm Road Troy, Tx 76579 |
| Bell County TX |
|
| 2000 |
| INGERSOLL RAND |
| PT125R |
| ROLLER |
| 162764 |
| $ | 29,593.93 |
| 6130 FM 2218 Richmond, TX 77469 |
| Fort Bend County TX |
|
| 2004 |
| INGERSOLL RAND |
| PT240 |
| ROLLER |
| 168449 |
| $ | 39,458.57 |
| 105 E. Big Elm Road Troy, Tx 76579 |
| Bell County TX |
|
| 2000 |
| INGERSOLL RAND |
| PT125R |
| ROLLER |
| 162542 |
| $ | 29,593.93 |
| 6130 FM 2218 Richmond, TX 77469 |
| Fort Bend County TX |
|
| 2012 |
| CAT |
| PS360C |
| PNEUMATIC ROLLER |
| PJF00718 |
| $ | 136,583.23 |
| 1406 Mashburn Rd. Copperas Cove, TX 76522 |
| Coryell County TX |
|
| 2000 |
| BLAWKNOX |
| RW195 |
| ROAD WIDENER |
| 19527-46 |
| $ | 147,969.63 |
| 6130 FM 2218 Richmond, TX 77469 |
| Fort Bend County TX |
|
| 2006 |
| ETNYRE |
| R6849 |
| CHIPSPREADER |
| K6511 |
| $ | 98,646.42 |
| 6130 FM 2218 Richmond, TX 77469 |
| Fort Bend County TX |
|
| 2006 |
| BLAWKNOX |
| PF3200 |
| ASPHALT PAVER |
| 187356 |
| $ | 49,323.21 |
| 6130 FM 2218 Richmond, TX 77469 |
| Fort Bend County TX |
|
| 2007 |
| BLAWKNOX |
| PF3200 |
| ASPHALT PAVER |
| 191810 |
| $ | 59,187.85 |
| 6130 FM 2218 Richmond, TX 77469 |
| Fort Bend County TX |
|
| 2011 |
| CAT |
| RM500 |
| STABILIZER |
| ASW00407 |
| $ | 416,002.12 |
| 5705 Belcher Oil City Road, Belcher, LA 71104 |
| Caddo Parish LA |
|
| 2004 |
| CMI |
| RS-425B |
| MIXER/RECLAIMER |
| 526-285 |
| $ | 98,646.42 |
| 105 E. Big Elm Road Troy, Tx 76579 |
| Bell County TX |
|
| 2005 |
| CAT |
| D4G |
| DOZER D4G LGP |
| TLX00743 |
| $ | 59,187.85 |
| 100 Oak Lane Ste 3 Luling, LA 70070 |
| Ascension Parish LA |
|
| 2005 |
| CAT |
| D5G LGP |
| DOZER D5G LGP |
| RKG01992 |
| $ | 59,187.85 |
| 1101 West Oak Street Suite 1 Amite, La 70422 |
| Washington Parish LA |
|
| 2010 |
| CAT |
| D5K LGP |
| D5K LGP DOZER |
| YYY00893 |
| $ | 95,431.34 |
| 10918 South Reitz Rd, BR, LA 70809 |
| East Baton Rouge Parish LA |
|
| 2012 |
| CAT |
| D3K XL |
| Dozer |
| FFF00813 |
| $ | 98,212.38 |
| 7600 I-H 35 Belton, TX 76513 |
| Bell County TX |
|
| 2012 |
| CAT |
| D3K XL |
| Dozer |
| FFF00811 |
| $ | 98,212.38 |
| 105 E. Big Elm Road Troy, Tx 76579 |
| Bell County TX |
|
| 2005 |
| MASSEY FERGERSON |
| 5455 |
| TRACTOR WITH SIDE BOOM MOWER |
| S281089 |
| $ | 62,706.08 |
| 7502 River Road Uncle Sam, LA |
| St James Parish LA |
|
| 2006 |
| CHIEFTAN |
| 140 TRAX |
| POWERSCREEN |
| 6619360 |
| $ | 78,917.14 |
| 6130 FM 2218 Richmond, TX 77469 |
| Fort Bend County TX |
|
|
|
|
|
|
|
|
|
|
|
| $ | 6,481,123.61 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
| Primoris Energy Services Corporation |
|
|
|
|
|
|
|
|
|
|
| |||||
| 2007 |
| John Deere |
| 544J |
| Bucket Loader (HR) |
| 614338 |
| $ | 73,984.82 |
| 2165 FM 523, Oyster creek, TX 77541 |
| DOW |
|
| 2009 |
| Caterpillar |
| TL943 |
| Telehandler |
| TBL01412 |
| $ | 73,984.82 |
| 201 Anthony Rd, Victoria, TX 77901 |
| VICTORIA |
|
| 2007 |
| Caterpillar |
| 930G |
| Wheel Loader |
| TWR02851 |
| $ | 73,984.82 |
| 1010 County Rd 59, Rosharon, TX 77583 |
| HOUSTON |
|
| 2008 |
| PAI |
| 70HP 5000 |
| Pressure Pump |
| KP2331BC |
| $ | 64,120.17 |
| 11511 FM 365, Beaumont, TX 77705 |
| BMT |
|
| 2010 |
| GIANT |
| P460A |
| PRESSURE PUMP |
| 102-8611 |
| $ | 64,120.17 |
| 11511 FM 365, Beaumont, TX 77705 |
| BMT |
|
| 2010 |
| Caterpillar |
| 420 |
| Rubber Tire Backhoe |
| PRA01533 |
| $ | 59,187.85 |
| 2165 FM 523, Oyster creek, TX 77541 |
| HOUSTON |
|
| 2008 |
| PAI |
| DMD900 |
| Fill Pump |
| SC C062288 01 |
| $ | 59,187.85 |
| 620 North Road, Kennedale, TX 76060 |
| BMT |
|
| 2004 |
| Ingersoll-Rand |
| 320 |
| Excavator |
| 289913UE1221 |
| $ | 49,323.21 |
| 1010 County Rd 59, Rosharon, TX 77583 |
| HOUSTON |
|
| 2009 |
| John Deere |
| 85D |
| Excavator |
| 16155 |
| $ | 49,323.21 |
| 11511 FM 365, Beaumont, TX 77705 |
| HOUSTON |
|
| 2008 |
| Caterpillar |
| D3GXL |
| Dozer |
| JMH2785 |
| $ | 44,390.89 |
| 1010 County Rd 59, Rosharon, TX 77583 |
| BMT |
|
| 2007 |
| Caterpillar |
| 420 |
| Rubber Tire Backhoe |
| D0FDP26808 |
| $ | 24,661.62 |
| 1010 County Rd 59, Rosharon, TX 77583 |
| BMT |
|
| 2007 |
| Caterpillar 304 |
| 304 |
| Trackhoe (Hr) |
| CAT0304CLFPK01674 |
| $ | 24,661.62 |
| 11511 FM 365, Beaumont, TX 77705 |
| HOUSTON |
|
| 2003 |
| Caterpillar |
| TH783 |
| Fork Lift |
| 3RN05043 |
| $ | 24,661.62 |
| 11511 FM 365, Beaumont, TX 77705 |
| KEN |
|
| 2006 |
| Caterpillar |
| TB460 |
| Telehandler |
| SLF01377 |
| $ | 24,661.62 |
| 1010 County Rd 59, Rosharon, TX 77583 |
| HOUSTON |
|
| 2010 |
| Caterpillar |
| 315 |
| Trackhoe (Hr) |
| CAT0304CPFPK03576 |
| $ | 19,729.29 |
| 620 North Road, Kennedale, TX 76060 |
| HOUSTON |
|
| 2003 |
| Case |
| 580 |
| Case 580M Rubber Tire Backhoe |
| CJF0006649 |
| $ | 17,756.37 |
| 1010 County Rd 59, Rosharon, TX 77583 |
| HOUSTON |
|
| 2007 |
| New Holland |
| TB110 |
| Mowing Tractor |
| B72626M |
| $ | 17,756.37 |
| 1010 County Rd 59, Rosharon, TX 77583 |
| HOUSTON |
|
| 2004 |
| Caterpiller |
| TH460B |
| Telehandler |
| 7BJ30446 |
| $ | 16,276.67 |
| 1010 County Rd 59, Rosharon, TX 77583 |
| BMT |
|
| 2004 |
| RainforRent |
| HH125 |
| Medium Head Fill Pump 900gpm 185psi |
| 12829 |
| $ | 14,796.97 |
| 1010 County Rd 59, Rosharon, TX 77583 |
| BMT |
|
| 2004 |
| RainforRent |
| HH125 |
| Medium Head FIll Pump 900gpm 185psi |
| 12830 |
| $ | 14,796.97 |
| 11511 FM 365, Beaumont, TX 77705 |
| BMT |
|
| 2006 |
| Duetz |
| HH125 |
| Medium Head Fill Pump |
| 12831 |
| $ | 14,796.97 |
| 11511 FM 365, Beaumont, TX 77705 |
| BMT |
|
|
|
|
|
|
|
|
|
|
|
| $ | 826,163.90 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| Grand Total |
| $ | 10,000,000.00 |
|
|
|
|
|
