San-Co Steel Ltd

$978,800 PPP Loan in Donna, Texas

Loan Details

Loan Number
8822867109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$978,800
Current Approval
$978,800
Forgiveness Amount
$994,193
Forgiveness Date
Nov 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
San-Co Steel Ltd
Address
9221 N Fm 493
City
Donna
State
Texas
ZIP Code
78537-5076
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
82
Estimated Revenue
$20.0M
Rural/Urban
Urban
Congressional District
TX-34

Loan Use Breakdown

Payroll
$873,402
Utilities
$11,950
Health Care
$13,448
Mortgage Interest
$80,000

Lender Information

Servicing Lender
Texas Community Bank
Originating Lender
Texas Community Bank

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