Escobar Auto Electric, INC

$95,700 PPP Loan in Weslaco, Texas

Loan Details

Loan Number
5060677306
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$95,700
Current Approval
$95,700
Forgiveness Amount
$96,630
Forgiveness Date
May 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Escobar Auto Electric, INC
Address
1632 E US Hwy 83
State
Texas
ZIP Code
78596
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811118)
Business Age
New Business or 2 years or less
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-15

Loan Use Breakdown

Payroll
$93,700
Utilities
$1,000
Mortgage Interest
$1,000

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
First Source Federal Credit Union

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