PPP Loan information for Vertex energy, inc.

$4,222,000

Vertex energy, inc. was initially approved for PPP Loan of amount $4,222,000, the current approved amount is $4,222,000. The loan was approved on 04/27/2020 by The b1BANK reported 260 jobs and $4,222,000 was used to fund payroll.

Vertex energy, inc. is Existing or more than 2 years old

PPP Loan Search / TX / HOUSTON / Vertex energy, inc.

VERTEX ENERGY, INC.

Date Approved

04/27/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

VERTEX ENERGY, INC.

Borrower Address

1331 GEMINI SUITE 250

Borrower City

HOUSTON

Borrower State

TX

Borrower Zip

77058-2764

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4222000.00

Current Approval Amount

4222000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437878

Servicing Lender Name

b1BANK

Servicing Lender Address

500 Laurel St, Ste 101

Servicing Lender City

BATON ROUGE

Servicing Lender State

LA

Servicing Lender Zip

70801-1811

Rural Urban Indicator

U

Hubzone Indicator

N

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

77058-2764

CD

TX-36

Jobs Reported

260

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4222000.00

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

437878

Originating Lender

b1BANK

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4268962.52

Forgiveness Date

06/15/2021

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