Envela Corporation

$1,668,200 PPP Loan in Dallas, Texas

Loan Details

Loan Number
1138927105
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,668,200
Current Approval
$1,668,200
Forgiveness Amount
$1,684,094
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Envela Corporation
Address
13022 Preston Rd
City
Dallas
State
Texas
ZIP Code
75240-5202
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (448310)
Business Age
Existing or more than 2 years old
Jobs Reported
157
Estimated Revenue
$43.4M
Rural/Urban
Urban
Congressional District
TX-24

Loan Use Breakdown

Payroll
$1,668,200

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

Other PPP Loans in Dallas, TX

BusinessApproved
Oliver Street Dermatology Management LLC$10,000,000NewBizBotAI Deep Dive
Fries Restaurant Management LLC$10,000,000NewBizBotAI Deep Dive
Tgi Friday's, Inc.$10,000,000NewBizBotAI Deep Dive
Studio Movie Grill Holdings, LLC$10,000,000NewBizBotAI Deep Dive
Huitt Zollars, Inc.$10,000,000NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free