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C&g Electric, Inc.

$851,000 PPP Loan in Krum, Texas

Loan Details

Loan Number
1024347110
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$851,000
Current Approval
$851,000
Forgiveness Amount
$859,137
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
C&g Electric, Inc.
Address
2901 Fm 156 North
City
Krum
State
Texas
ZIP Code
76249-5581
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
83
Estimated Revenue
$27.3M
Rural/Urban
Urban
Congressional District
TX-13

Loan Use Breakdown

Payroll
$717,790
Rent
$16,450
Utilities
$18,148
Health Care
$69,394
Mortgage Interest
$29,218

Lender Information

Servicing Lender
First State Bank
Originating Lender
First State Bank

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