PPP Loan information for Lonestar oil recovery

$51,000

Lonestar oil recovery was initially approved for PPP Loan of amount $51,000, the current approved amount is $51,000. The loan was approved on 04/14/2020 by The Texas Gulf Bank, National Association reported 7 jobs and $51,000 was used to fund payroll.

Lonestar oil recovery is New Business or 2 years or less

LONESTAR OIL RECOVERY

Date Approved

04/14/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

LONESTAR OIL RECOVERY

Borrower Address

4176 MASTERS RD

Borrower City

PEARLAND

Borrower State

TX

Borrower Zip

77584-5606

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51000.00

Current Approval Amount

51000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69962

Servicing Lender Name

Texas Gulf Bank, National Association

Servicing Lender Address

1626 S Voss Rd

Servicing Lender City

HOUSTON

Servicing Lender State

TX

Servicing Lender Zip

77057-2602

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PEARLAND

Project County Name

BRAZORIA

Project State

TX

Project Zip

77584-5606

CD

TX-22

Jobs Reported

7

NAICS Code

336390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51000.00

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

Sole Proprietorship

Originating Lender Location Id

69962

Originating Lender

Texas Gulf Bank, National Association

Originating Lender City

HOUSTON

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51508.60

Forgiveness Date

04/22/2021

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