PPP Loan information for Megatel homes, inc.

$2,239,100

Megatel homes, inc. was initially approved for PPP Loan of amount $2,239,100, the current approved amount is $2,239,100. The loan was approved on 04/11/2020 by The Prosperity Bank reported 152 jobs and $2,239,100 was used to fund payroll.

Megatel homes, inc. is Existing or more than 2 years old

MEGATEL HOMES, INC.

Date Approved

04/11/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

MEGATEL HOMES, INC.

Borrower Address

1800 VALLEY VIEW LN #400

Borrower City

DALLAS

Borrower State

TX

Borrower Zip

75234-8905

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2239100.00

Current Approval Amount

2239100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

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

75234-8905

CD

TX-33

Jobs Reported

152

NAICS Code

531390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2239100.00

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

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2264803.64

Forgiveness Date

06/15/2021

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