PPP Loan information for Texas steel conversion, inc.

$9,563,414

Texas steel conversion, inc. was initially approved for PPP Loan of amount $9,563,414, the current approved amount is $9,563,414. The loan was approved on 04/08/2020 by The PNC Bank, National Association reported 495 jobs and $9,563,414 was used to fund payroll.

Texas steel conversion, inc. is Existing or more than 2 years old

PPP Loan Search / TX / HOUSTON / Texas steel conversion, inc.

TEXAS STEEL CONVERSION, INC.

Date Approved

04/08/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

TEXAS STEEL CONVERSION, INC.

Borrower Address

3101 HOLMES RD

Borrower City

HOUSTON

Borrower State

TX

Borrower Zip

77051-1146

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

9563414.00

Current Approval Amount

9563414.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOUSTON

Project County Name

HARRIS

Project State

TX

Project Zip

77051-1146

CD

TX-09

Jobs Reported

495

NAICS Code

332996

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1195426.75

Payroll Proceed

7172560.50

Mortgage Interest Proceed

1195426.75

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

9202982.89

Forgiveness Date

06/11/2021

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