Versabar, INC

$4,135,130 PPP Loan in Houston, Texas

Loan Details

Loan Number
5682137008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$4,135,130
Current Approval
$4,135,130
Forgiveness Amount
$3,890,501
Forgiveness Date
Jul 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Versabar, INC
Address
11349 Fm 529 Road
State
Texas
ZIP Code
77041
Business Type
Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (532412)
Business Age
Existing or more than 2 years old
Jobs Reported
218
Estimated Revenue
$98.5M
Rural/Urban
Urban
Congressional District
TX-38

Loan Use Breakdown

Payroll
$3,308,104
Rent
$413,513
Utilities
$413,513

Lender Information

Servicing Lender
Gulf Capital Bank
Originating Lender
Gulf Capital Bank

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