Elco Energy LLC

$548,002 PPP Loan in Kermit, Texas

Loan Details

Loan Number
1073168510
Date Approved
Feb 18, 2021
Loan Status
Paid in Full
Initial Approval
$548,002
Current Approval
$548,002
Forgiveness Amount
$552,523
Forgiveness Date
Dec 21, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Elco Energy LLC
Address
1018 E Tascosa Ave
City
Kermit
State
Texas
ZIP Code
79745-3503
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-23

Loan Use Breakdown

Payroll
$547,998
Utilities
$1

Lender Information

Servicing Lender
First Financial Bank
Originating Lender
First Financial Bank

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