COVID Stimulus Watch Individual Entry

Recipient Company:
Meritum Energy Holdings, LP/Pico Propane Operating, LLC/Meritum Supply, LLC/Meritum Systems, LLC/Meritum Logistics, LLC/Stone Road Energy Holdings, LL
Loan or Loan Guarantee Amount:
$50,000,000

Recipient Details

Ownership Structure: privately held
Facility City: San Antonio
Facility State: TX

Award Details

Award Date: Dec 22, 2020
Award Type: loan
Award Details: Amount is principal amount of loan purchased by the Main Street Loan Program. This loan has multiple co-borrowers. CO-BORROWERS: 1. Meritum Energy Holdings, LP (San Antonio, TX); 2. Pico Propane Operating, LLC (San Antonio, TX); 3. Meritum Supply, LLC (San Antonio, TX); 4. Meritum Systems, LLC (San Antonio, TX); 5. Meritum Logistics, LLC (San Antonio, TX); 6. Stone Road Energy Holdings, LLC (San Antonio, TX); 7. SRE Intermediate Holdings, LLC (San Antonio, TX); 8. Stone Road Energy, LLC (San Antonio, TX).
PPP Lender: Spirit Of Texas Bank, SSB
Program Name: Main Street Loan Program
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

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Accountability Issues Since 2010

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