NewBizBot
Try for Free

Velvin Oil Co

$478,496 PPP Loan in Henderson, Texas

Loan Details

Loan Number
2822628400
Date Approved
Feb 4, 2021
Loan Status
Paid in Full
Initial Approval
$478,496
Current Approval
$478,496
Forgiveness Amount
$481,447
Forgiveness Date
Sep 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Velvin Oil Co
Address
403 Webster Dr
City
Henderson
State
Texas
ZIP Code
75652-6551
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$8.0M
Rural/Urban
Rural
Congressional District
TX-01

Loan Use Breakdown

Payroll
$478,496

Lender Information

Servicing Lender
Verabank, National Association
Originating Lender
Verabank, National Association

Other PPP Loans in Henderson, TX

BusinessApproved
K & B Oilfield Services, Inc.$1,923,600NewBizBotResearch
Old School Services LLC$1,302,677NewBizBotResearch
Old School Services$1,302,600NewBizBotResearch
Rusk County Electric Cooperative INC$1,185,000NewBizBotResearch
Truss Ops, LLC$1,030,045NewBizBotResearch

Want to research this company further?

Try NewBizBot free