PPP Loan information for Envela corporation

$1,668,200

Envela corporation was initially approved for PPP Loan of amount $1,668,200, the current approved amount is $1,668,200. The loan was approved on 04/09/2020 by The Truist Bank reported 157 jobs and $1,668,200 was used to fund payroll.

Envela corporation is Existing or more than 2 years old

PPP Loan Search / TX / DALLAS / Envela corporation

ENVELA CORPORATION

Date Approved

04/09/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

ENVELA CORPORATION

Borrower Address

13022 PRESTON RD

Borrower City

DALLAS

Borrower State

TX

Borrower Zip

75240-5202

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1668200.00

Current Approval Amount

1668200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DALLAS

Project County Name

DALLAS

Project State

TX

Project Zip

75240-5202

CD

TX-24

Jobs Reported

157

NAICS Code

448310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1668200.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1684094.24

Forgiveness Date

03/31/2021

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