Lafferty's Tv & Appliance, in

$192,500 PPP Loan in Texarkana, Texas

Loan Details

Loan Number
6249727001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$192,500
Current Approval
$192,500
Forgiveness Amount
$193,633
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lafferty's Tv & Appliance, in
Address
2801 Summerhill Rd
State
Texas
ZIP Code
75503-3959
Business Type
Corporation
Industry (NAICS)
Retail Trade (442110)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-01

Loan Use Breakdown

Payroll
$154,000
Utilities
$11,500
Health Care
$11,000
Mortgage Interest
$16,000

Lender Information

Servicing Lender
Texana Bank, National Association
Originating Lender
Texana Bank, National Association

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