Phillips Electric and Associates Inc.

$295,917 PPP Loan in Arlington, Texas

Loan Details

Loan Number
4995108405
Date Approved
Feb 7, 2021
Loan Status
Paid in Full
Initial Approval
$295,917
Current Approval
$295,917
Forgiveness Amount
$299,549
Forgiveness Date
May 5, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Phillips Electric and Associates Inc.
Address
1020 W Main St
State
Texas
ZIP Code
76013-1817
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
$8.9M
Rural/Urban
Urban
Congressional District
TX-25

Loan Use Breakdown

Payroll
$295,912
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Cadence Bank

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