Norrell Electric INC

$30,000 PPP Loan in Georgetown, Texas

Loan Details

Loan Number
4454257100
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$30,000
Current Approval
$30,000
Forgiveness Amount
$30,250
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Norrell Electric INC
Address
20209 Mcshepard Rd
State
Texas
ZIP Code
78626
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-31

Loan Use Breakdown

Payroll
$22,500
Utilities
$500
Mortgage Interest
$3,500
Debt Interest
$3,500

Lender Information

Servicing Lender
First Texas Bank
Originating Lender
First Texas Bank

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