Cable Electric INC

$602,110 PPP Loan in North Richland Hills, Texas

Loan Details

Loan Number
3581167106
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$602,110
Current Approval
$602,110
Forgiveness Amount
$605,558
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Cable Electric INC
Address
3716 Rufe Snow Drive
State
Texas
ZIP Code
76180-8848
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$15.8M
Rural/Urban
Urban
Congressional District
TX-12

Loan Use Breakdown

Payroll
$563,495
Rent
$24,000
Utilities
$1,987
Health Care
$12,628

Lender Information

Servicing Lender
Veritex Community Bank
Originating Lender
Veritex Community Bank

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