Mike Temple Electric INC

$464,000 PPP Loan in Lubbock, Texas

Loan Details

Loan Number
7659947103
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$464,000
Current Approval
$464,000
Forgiveness Amount
$467,996
Forgiveness Date
Mar 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mike Temple Electric INC
Address
Po Box 3367
State
Texas
ZIP Code
79452
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$16.1M
Rural/Urban
Urban
Congressional District
TX-19

Loan Use Breakdown

Payroll
$449,959
Rent
$4,408
Utilities
$1,631
Health Care
$8,002

Lender Information

Servicing Lender
Plainscapital Bank
Originating Lender
Plainscapital Bank

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