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
- City
- Montgomery
- 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
Other PPP Loans in Montgomery, TX
| Business | Approved | |
|---|---|---|
| Tumlinson Electric LLC | $3,062,200 | |
| Envirotech Mechanical Systems, LLC | $1,588,800 | |
| Bluejack Development Co LLC | $1,149,820 | |
| Bluejack Development Co, LLC | $1,126,765 | |
| Magnum Air INC | $761,200 |
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