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Nix Electric Company

$766,042 PPP Loan in Lubbock, Texas

Loan Details

Loan Number
4879687705
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$766,042
Current Approval
$766,042
Forgiveness Amount
$773,639
Forgiveness Date
May 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Nix Electric Company
Address
720 Loop 289 SE
City
Lubbock
State
Texas
ZIP Code
79404
Business Type
Corporation
Industry (NAICS)
Manufacturing (335311)
Business Age
Existing or more than 2 years old
Jobs Reported
58
Estimated Revenue
$15.2M
Rural/Urban
Urban
Congressional District
TX-19

Loan Use Breakdown

Payroll
$766,042

Lender Information

Servicing Lender
Wells Fargo Bank, National Association
Originating Lender
Wells Fargo Bank, National Association

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