Solomon Electric, Inc.

$301,697 PPP Loan in Montgomery, Texas

Loan Details

Loan Number
6031407007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$301,697
Current Approval
$301,697
Forgiveness Amount
$303,767
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Solomon Electric, Inc.
Address
11878 Landrum Ln
State
Texas
ZIP Code
77356-6351
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$12.2M
Rural/Urban
Urban
Congressional District
TX-08

Loan Use Breakdown

Payroll
$226,273
Utilities
$75,424

Lender Information

Servicing Lender
First Financial Bank
Originating Lender
First Financial Bank

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