ProPublica PPP database, Capital Plus Financial LLC's own $376,800 PPP loan from Simmons Bank approved Apr. 13, 2020,...

Summary

A ProPublica PPP database record for CAPITAL PLUS FINANCIAL LLC of Bedford, TX, in the Tracking PPP search of companies approved for federal loans. It lists a Loan Amount of $376,800, all of it reported as going to Payroll, and the other listed uses (utilities, mortgage interest, health care, rent, refinance EIDL and debt interest) at $0.00. The record gives the Date Approved as April 13, 2020 (First Round), the lender as Simmons Bank, Jobs Reported as 28, business type as Limited Liability Company (LLC), industry as Real Estate Credit, and Loan Status as Fully Disbursed. A note says the data comes from the Small Business Administration and includes lender-approved loans as of June 1, 2021.

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CAPITAL PLUS FINANCIAL LLC

Why is my loan information here?

Loan Amount

$376,800

Where applicants said the money will go

Payroll

$376,800

Utilities

$0

Mortgage Interest

$0

Health Care

$0

Rent

$0

Refinance EIDL

$0

Debt Interest

$0

Location

Bedford, TX

Urban

Industry

Real Estate Credit

Date Approved

April 13, 2020 (First Round)

Lender

Simmons Bank

Jobs Reported

28

Business Type

Limited Liability Company(LLC)

Business Age

Unanswered

Loan Status

Fully Disbursed

Companies and nonprofit organizations that receive PPP loans may have the loans forgiven if they meet certain criteria, including not laying off employees during the defined period covered by the loan. Applicants must attest in their application that the loans are necessary for their continuing operation. Note: This data reflects loan applications approved by banks and submitted to the SBA. It may not account for money not distributed to, or credit not used by, a given company.

If you are a representative of this company and believe this record is in error, use this form to let the SBA know.

About this data

This data comes from the Small Business Administration, and includes lender-approved loans under the Paycheck Protection Program as of June 1, 2021. Other loan programs, such as Economic Injury Disaster Loans, are not included in this database. The data includes the congressional district of each organization, but for Pennsylvania and North Carolina the districts do not reflect 2018 redistricting.

Journalists: Thank you for using this database. Please cite ProPublica by linking to this page. Questions? Contact us.

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