Tejas Underground Utilities, LLC

$1,339,000 PPP Loan in Magnolia, Texas

Loan Details

Loan Number
5368407008
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,339,000
Current Approval
$1,339,000
Forgiveness Amount
$1,350,233
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tejas Underground Utilities, LLC
Address
30355 Old Hockley Rd
State
Texas
ZIP Code
77355-6073
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238910)
Business Age
Existing or more than 2 years old
Jobs Reported
93
Estimated Revenue
$34.8M
Rural/Urban
Urban
Congressional District
TX-08

Loan Use Breakdown

Payroll
$1,285,678
Rent
$5,769
Refinance EIDL
$47,553

Lender Information

Servicing Lender
Texas First Bank
Originating Lender
Texas First Bank

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