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Grimsley Electric INC

$763,000 PPP Loan in Brownwood, Texas

Loan Details

Loan Number
4598047008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$763,000
Current Approval
$763,000
Forgiveness Amount
$767,432
Forgiveness Date
Nov 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Grimsley Electric INC
Address
2104 S Fisk
City
Brownwood
State
Texas
ZIP Code
76801-3903
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$15.1M
Rural/Urban
Rural
Congressional District
TX-11

Loan Use Breakdown

Payroll
$667,625
Health Care
$95,375

Lender Information

Servicing Lender
Mcbank
Originating Lender
Mcbank

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