PPP Loan information for Moron vela inc

$310,200

Moron vela inc was initially approved for PPP Loan of amount $310,200, the current approved amount is $310,200. The loan was approved on 04/15/2020 by The Lone Star National Bank reported 53 jobs and $310,200 was used to fund payroll.

Moron vela inc is Existing or more than 2 years old

PPP Loan Search / TX / MISSION / Moron vela inc

MORON VELA INC

Date Approved

04/15/2020

SBA Office Code

0639

Processing Method

PPP

Borrower Name

MORON VELA INC

Borrower Address

1242 E BUS HWY 83, STE 7

Borrower City

MISSION

Borrower State

TX

Borrower Zip

78572-9308

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

310200.00

Current Approval Amount

310200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71592

Servicing Lender Name

Lone Star National Bank

Servicing Lender Address

206 W Ferguson

Servicing Lender City

PHARR

Servicing Lender State

TX

Servicing Lender Zip

78577-2404

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MISSION

Project County Name

HIDALGO

Project State

TX

Project Zip

78572-9308

CD

TX-28

Jobs Reported

53

NAICS Code

446110

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

310200.00

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

71592

Originating Lender

Lone Star National Bank

Originating Lender City

PHARR

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

314241.22

Forgiveness Date

08/04/2021

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