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Elco Energy, LLC

$529,995 PPP Loan in Kermit, Texas

Loan Details

Loan Number
5428637010
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$529,995
Current Approval
$529,995
Forgiveness Amount
$534,677
Forgiveness Date
Feb 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Elco Energy, LLC
Address
1007 E Tascosa Ave
City
Kermit
State
Texas
ZIP Code
79745-3504
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Utilities (221118)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
TX-23

Loan Use Breakdown

Payroll
$397,496
Utilities
$132,499

Lender Information

Servicing Lender
First Financial Bank
Originating Lender
First Financial Bank

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