Sarati International

$237,600 PPP Loan in Los Fresnos, Texas

Loan Details

Loan Number
6851087002
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$237,600
Current Approval
$237,600
Forgiveness Amount
$238,927
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Sarati International
Address
27502 Ted Hunt Road
State
Texas
ZIP Code
78566-4715
Business Type
Corporation
Industry (NAICS)
Manufacturing (339999)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$8.9M
Rural/Urban
Urban
Congressional District
TX-34

Loan Use Breakdown

Payroll
$190,080
Rent
$9,504
Utilities
$9,504
Health Care
$9,504
Mortgage Interest
$9,504
Debt Interest
$9,504

Lender Information

Servicing Lender
First National Bank of South Padre Island
Originating Lender
First National Bank of South Padre Island

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