Stratus Properties INC

$3,987,107 PPP Loan in Austin, Texas

Loan Details

Loan Number
9308237110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$3,987,107
Current Approval
$3,987,107
Forgiveness Amount
$3,729,641
Forgiveness Date
Aug 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Stratus Properties INC
Address
212 Lavaca Street
City
Austin
State
Texas
ZIP Code
78701-3920
Business Type
Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (531190)
Business Age
Existing or more than 2 years old
Jobs Reported
63
Estimated Revenue
$7.3M
Rural/Urban
Urban
Congressional District
TX-37

Loan Use Breakdown

Payroll
$3,189,686
Rent
$45,000
Utilities
$100,000
Mortgage Interest
$652,421

Lender Information

Servicing Lender
Texas Capital Bank
Originating Lender
Texas Capital Bank

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