Ratliff Electric Co.
$885,000 PPP Loan in Wink, Texas
Loan Details
- Loan Number
- 2851327200
- Date Approved
- Apr 16, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $885,000
- Current Approval
- $885,000
- Forgiveness Amount
- $890,359
- Forgiveness Date
- Nov 23, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ratliff Electric Co.
- Address
- P O Box 696
- City
- Wink
- State
- Texas
- ZIP Code
- 79789-0696
- Business Type
- Corporation
- Industry (NAICS)
- Mining, Quarrying, and Oil and Gas Extraction (213112)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 55
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- TX-23
Loan Use Breakdown
- Payroll
- $796,445
- Rent
- $30,000
- Utilities
- $8,490
- Health Care
- $40,808
- Mortgage Interest
- $9,257
Lender Information
- Servicing Lender
- Tejas Bank
- Originating Lender
- Tejas Bank
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