South Texas Electrical Systems

$50,000 PPP Loan in Weslaco, Texas

Loan Details

Loan Number
5130157201
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$50,000
Current Approval
$50,000
Forgiveness Amount
$50,411
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
South Texas Electrical Systems
Address
2612 W Mile 10 N
State
Texas
ZIP Code
78596
Business Type
Sole Proprietorship
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-15

Loan Use Breakdown

Payroll
$49,000
Utilities
$1,000

Lender Information

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

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