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Vernor Material & Equipment

$2,430,400 PPP Loan in Freeport, Texas

Loan Details

Loan Number
5981487008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,430,400
Current Approval
$2,430,400
Forgiveness Amount
$2,458,766
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Vernor Material & Equipment
Address
545 Wilson Road
City
Freeport
State
Texas
ZIP Code
77541-3039
Business Type
Corporation
Industry (NAICS)
Construction (238990)
Business Age
Existing or more than 2 years old
Jobs Reported
250
Estimated Revenue
$85.2M
Rural/Urban
Urban
Congressional District
TX-14

Loan Use Breakdown

Payroll
$2,430,400

Lender Information

Servicing Lender
Moody National Bank
Originating Lender
Moody National Bank

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