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M. & D. Electric Company

$632,712 PPP Loan in Sour Lake, Texas

Loan Details

Loan Number
4627448300
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$632,712
Current Approval
$632,712
Forgiveness Amount
$635,243
Forgiveness Date
Jun 30, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
M. & D. Electric Company
Address
250 Hwy 326 N
City
Sour Lake
State
Texas
ZIP Code
77659
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$16.5M
Rural/Urban
Rural
Congressional District
TX-36

Loan Use Breakdown

Payroll
$632,711
Utilities
$1

Lender Information

Servicing Lender
Third Coast Bank
Originating Lender
Third Coast Bank

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