Texas Steel Conversion, Inc.

$9,563,414 PPP Loan in Houston, Texas

Loan Details

Loan Number
8111617010
Date Approved
Apr 8, 2020
Loan Status
Exemption 4
Initial Approval
$9,563,414
Current Approval
$9,563,414
Forgiveness Amount
$9,202,983
Forgiveness Date
Jun 11, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Texas Steel Conversion, Inc.
Address
3101 Holmes Rd
State
Texas
ZIP Code
77051-1146
Business Type
Corporation
Industry (NAICS)
Manufacturing (332996)
Business Age
Existing or more than 2 years old
Jobs Reported
495
Estimated Revenue
$121.0M
Rural/Urban
Urban
Congressional District
TX-09

Loan Use Breakdown

Payroll
$7,172,561
Utilities
$1,195,427
Mortgage Interest
$1,195,427

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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