R&l Electric INC
$1,555,500 PPP Loan in Weatherford, Texas
Loan Details
- Loan Number
- 1804787201
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,555,500
- Current Approval
- $1,555,500
- Forgiveness Amount
- $1,567,166
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- R&l Electric INC
- Address
- 2318 Fort Worth Hwy
- City
- Weatherford
- State
- Texas
- ZIP Code
- 76087-4904
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 134
- Estimated Revenue
- $44.1M
- Rural/Urban
- Rural
- Congressional District
- TX-12
Loan Use Breakdown
- Payroll
- $1,506,400
- Rent
- $42,250
- Utilities
- $6,500
- Debt Interest
- $350
Lender Information
- Servicing Lender
- Plainscapital Bank
- Originating Lender
- Plainscapital Bank
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|---|---|---|
| 37 Building Products Ltd | $3,605,200 |  Research |
| Southwest Ford, Inc. | $2,404,311 | Research |
| Ameri-Fab, LLC | $2,289,700 | Research |
| Myrmac Corporation | $2,144,934 | Research |
| Ameri-Fab LLC | $2,000,000 | Research |
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