Tecs Electric Ltd

$373,819 PPP Loan in Weatherford, Texas

Loan Details

Loan Number
2486057105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$373,819
Current Approval
$373,819
Forgiveness Amount
$379,779
Forgiveness Date
Nov 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tecs Electric Ltd
Address
1836 Barnett Dr
State
Texas
ZIP Code
76087-9440
Business Type
Partnership
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (212321)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-12

Loan Use Breakdown

Payroll
$280,364
Utilities
$93,455

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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