PPP Loan information for Strand composites llc

$787,158

Strand composites llc was initially approved for PPP Loan of amount $787,158, the current approved amount is $787,158. The loan was approved on 06/17/2020 by The Stellar Bank reported 65 jobs and $787,158 was used to fund payroll.

Strand composites llc is New Business or 2 years or less

PPP Loan Search / AR / HARRISON / Strand composites llc

STRAND COMPOSITES LLC

Date Approved

06/17/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

STRAND COMPOSITES LLC

Borrower Address

228 W INDUSTRIAL PARK RD

Borrower City

HARRISON

Borrower State

AR

Borrower Zip

72601-6801

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

787158.00

Current Approval Amount

787158.00

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HARRISON

Project County Name

BOONE

Project State

AR

Project Zip

72601-6801

CD

AR-01

Jobs Reported

65

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

787158.00

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

790328.50

Forgiveness Date

11/19/2020

;