PPP Loan information for Longview scrap and metal, ltd

$174,700

Longview scrap and metal, ltd was initially approved for PPP Loan of amount $174,700, the current approved amount is $174,700. The loan was approved on 04/05/2020 by The VeraBank, National Association reported 20 jobs and $174,700 was used to fund payroll.

Longview scrap and metal, ltd is Existing or more than 2 years old

LONGVIEW SCRAP AND METAL, LTD

Date Approved

04/05/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

LONGVIEW SCRAP AND METAL, LTD

Borrower Address

5013 W LOOP 281

Borrower City

LONGVIEW

Borrower State

TX

Borrower Zip

75603-8406

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

174700.00

Current Approval Amount

174700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70109

Servicing Lender Name

VeraBank, National Association

Servicing Lender Address

201 W Main St

Servicing Lender City

HENDERSON

Servicing Lender State

TX

Servicing Lender Zip

75652-3106

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LONGVIEW

Project County Name

GREGG

Project State

TX

Project Zip

75603-8406

CD

TX-01

Jobs Reported

20

NAICS Code

423930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

174700.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

70109

Originating Lender

VeraBank, National Association

Originating Lender City

HENDERSON

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

175772.46

Forgiveness Date

11/23/2020

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