Benning Power Electronics, Inc.

$826,000 PPP Loan in Richardson, Texas

Loan Details

Loan Number
5014767101
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$826,000
Current Approval
$826,000
Forgiveness Amount
$833,732
Forgiveness Date
Mar 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Benning Power Electronics, Inc.
Address
1220 Presidential Drive
State
Texas
ZIP Code
75081-2435
Business Type
Corporation
Industry (NAICS)
Manufacturing (333613)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$13.1M
Rural/Urban
Urban
Congressional District
TX-32

Loan Use Breakdown

Payroll
$826,000

Lender Information

Servicing Lender
Bokf, National Association
Originating Lender
Bokf, National Association

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