PPP Loan information for Versabar, inc

$4,135,130

Versabar, inc was initially approved for PPP Loan of amount $4,135,130, the current approved amount is $4,135,130. The loan was approved on 04/06/2020 by The Gulf Capital Bank reported 218 jobs and $4,135,130 was used to fund payroll.

Versabar, inc is Existing or more than 2 years old

VERSABAR, INC

Date Approved

04/06/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

VERSABAR, INC

Borrower Address

11349 FM 529 ROAD

Borrower City

HOUSTON

Borrower State

TX

Borrower Zip

77041

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4135130.00

Current Approval Amount

4135130.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

528863

Servicing Lender Name

Gulf Capital Bank

Servicing Lender Address

1 Riverway Suite 150

Servicing Lender City

Houston

Servicing Lender State

TX

Servicing Lender Zip

77056

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOUSTON

Project County Name

HARRIS

Project State

TX

Project Zip

77041-1100

CD

TX-38

Jobs Reported

218

NAICS Code

532412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

413513.00

Payroll Proceed

3308104.00

Mortgage Interest Proceed

0.00

Rent Proceed

413513.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

528863

Originating Lender

Gulf Capital Bank

Originating Lender City

Houston

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3890501.11

Forgiveness Date

07/12/2021

;