PPP Loan information for Spear industrial coatings, llc

$334,347

Spear industrial coatings, llc was initially approved for PPP Loan of amount $334,347, the current approved amount is $334,347. The loan was approved on 04/12/2020 by The Stellar Bank reported 19 jobs and $334,347 was used to fund payroll.

Spear industrial coatings, llc is Existing or more than 2 years old

SPEAR INDUSTRIAL COATINGS, LLC

Date Approved

04/12/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

SPEAR INDUSTRIAL COATINGS, LLC

Borrower Address

2415 East Hwy 80

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79706

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

334347.00

Current Approval Amount

334347.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

451098

Servicing Lender Name

Stellar Bank

Servicing Lender Address

8727 W Sam Houston Pkwy North

Servicing Lender City

HOUSTON

Servicing Lender State

TX

Servicing Lender Zip

77040-5167

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79706-0200

CD

TX-11

Jobs Reported

19

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

334347.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

451098

Originating Lender

Stellar Bank

Originating Lender City

HOUSTON

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

326428.23

Forgiveness Date

12/08/2020

;