# PPP loan: SOUTHEAST TEXAS INDUSTRIES INC
> **$4.56M** approved 04/05/2020 · Paid in Full · Loan `5470087004`
## Borrower
- **Name:** SOUTHEAST TEXAS INDUSTRIES INC
- **Address:** PO BOX 1449, BUNA, TX, 77612
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.56M
- **Initial approval:** $4.56M
- **Forgiven:** $4.61M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.94M
- **Rent:** $523K
- **Utilities:** $100K
- **Jobs reported:** 417
## Lender
- **Originating:** Veritex Community Bank
- **Servicing:** Veritex Community Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*