Ferrell Electric INC
$512,000 PPP Loan in Royse City, Texas
Loan Details
- Loan Number
- 5332917202
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $512,000
- Current Approval
- $512,000
- Forgiveness Amount
- $516,699
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ferrell Electric INC
- Address
- 2972 Ruger Dr
- City
- Royse City
- State
- Texas
- ZIP Code
- 75189-5771
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 42
- Estimated Revenue
- $13.8M
- Rural/Urban
- Urban
- Congressional District
- TX-04
Loan Use Breakdown
- Payroll
- $512,000
Lender Information
- Servicing Lender
- Commercial Bank of Texas, N.a.
- Originating Lender
- Commercial Bank of Texas, N.a.
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|---|---|---|
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| Artisan Masonry INC | $895,154 | Research |
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| Smith Contracting Inc. | $608,500 | Research |
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