PPP Loan information for Stratus properties inc

$3,987,107

Stratus properties inc was initially approved for PPP Loan of amount $3,987,107, the current approved amount is $3,987,107. The loan was approved on 04/15/2020 by The Texas Capital Bank reported 63 jobs and $3,987,107 was used to fund payroll.

Stratus properties inc is Existing or more than 2 years old

STRATUS PROPERTIES INC

Date Approved

04/15/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

STRATUS PROPERTIES INC

Borrower Address

212 Lavaca Street

Borrower City

AUSTIN

Borrower State

TX

Borrower Zip

78701-3920

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3987107.00

Current Approval Amount

3987107.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121598

Servicing Lender Name

Texas Capital Bank

Servicing Lender Address

2000 McKinney Ave, Ste 700

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-1985

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUSTIN

Project County Name

TRAVIS

Project State

TX

Project Zip

78701-3920

CD

TX-21

Jobs Reported

63

NAICS Code

531190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

100000.00

Payroll Proceed

3189686.00

Mortgage Interest Proceed

652421.00

Rent Proceed

45000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

121598

Originating Lender

Texas Capital Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3729641.46

Forgiveness Date

08/26/2021

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