PPP borrower record

VERTICE OIL TOOLS INC PPP loan record

Public SBA PPP loan record for VERTICE OIL TOOLS INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$152,420
Approved amount
$144,221
Forgiven amount
2020-04-05
Date approved

Borrower and loan details

Borrower
VERTICE OIL TOOLS INC
Loan number
5484937000
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Missouri City
Borrower state
Texas
Borrower ZIP
77489
Jobs reported
8
Loan status
Paid in Full
Forgiveness date
2020-11-03
Servicing lender
Gulf Capital Bank
Originating lender
Gulf Capital Bank

Reported use of proceeds

Payroll
$121,936
Rent
$15,242
Utilities
$15,242
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.