Ferraras Heating & Air Conditioning INC

$495,363 PPP Loan in Lufkin, Texas

Loan Details

Loan Number
5243097105
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$495,363
Current Approval
$495,363
Forgiveness Amount
$500,660
Forgiveness Date
May 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ferraras Heating & Air Conditioning INC
Address
1801 W Frank
City
Lufkin
State
Texas
ZIP Code
75904
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423730)
Business Age
New Business or 2 years or less
Jobs Reported
45
Estimated Revenue
$13.8M
Rural/Urban
Rural
Congressional District
TX-17

Loan Use Breakdown

Payroll
$495,363

Lender Information

Servicing Lender
Cadence Bank
Originating Lender
Cadence Bank

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