Tex Elect, Inc.

$41,400 PPP Loan in Rockdale, Texas

Loan Details

Loan Number
1344297107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$41,400
Current Approval
$41,400
Forgiveness Amount
$41,644
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tex Elect, Inc.
Address
2008 Highland Ave
State
Texas
ZIP Code
76567-2148
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
$5.3M
Rural/Urban
Rural
Congressional District
TX-17

Loan Use Breakdown

Payroll
$34,400
Rent
$5,000
Utilities
$2,000

Lender Information

Servicing Lender
Citizens National Bank
Originating Lender
Citizens National Bank

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