PPP Loan information for Venable's welding & roustabout

$10,000,000

Venable's welding & roustabout was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/04/2020 by The Amarillo National Bank reported 245 jobs and $10,000,000 was used to fund payroll.

Venable's welding & roustabout is Existing or more than 2 years old

VENABLE'S WELDING & ROUSTABOUT

Date Approved

04/04/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

VENABLE'S WELDING & ROUSTABOUT

Borrower Address

7410 CONTINENTAL PKWY

Borrower City

AMARILLO

Borrower State

TX

Borrower Zip

79119-6740

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68966

Servicing Lender Name

Amarillo National Bank

Servicing Lender Address

410 S Taylor St

Servicing Lender City

AMARILLO

Servicing Lender State

TX

Servicing Lender Zip

79101-1555

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AMARILLO

Project County Name

RANDALL

Project State

TX

Project Zip

79119-6740

CD

TX-13

Jobs Reported

245

NAICS Code

238190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

10000000.00

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

Corporation

Originating Lender Location Id

68966

Originating Lender

Amarillo National Bank

Originating Lender City

AMARILLO

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

6404519.40

Forgiveness Date

06/15/2021

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