Industrial Instrumentation and Electric, Inc.

$1,168,900 PPP Loan in La Marque, Texas

Loan Details

Loan Number
5523957010
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,168,900
Current Approval
$1,168,900
Forgiveness Amount
$1,179,647
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Industrial Instrumentation and Electric, Inc.
Address
1319 1st St
State
Texas
ZIP Code
77568-4243
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
71
Estimated Revenue
$23.4M
Rural/Urban
Urban
Congressional District
TX-14

Loan Use Breakdown

Payroll
$1,163,000
Utilities
$1,400
Mortgage Interest
$3,000
Debt Interest
$1,500

Lender Information

Servicing Lender
Texas First Bank
Originating Lender
Texas First Bank

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