Phillips Electric and Associates, Inc.

$262,765 PPP Loan in Arlington, Texas

Loan Details

Loan Number
7687447103
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$262,765
Current Approval
$262,765
Forgiveness Amount
$265,670
Forgiveness Date
May 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Phillips Electric and Associates, Inc.
Address
1020 W Main Street
State
Texas
ZIP Code
76013
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
New Business or 2 years or less
Jobs Reported
25
Estimated Revenue
$8.2M
Rural/Urban
Urban
Congressional District
TX-25

Loan Use Breakdown

Payroll
$262,765

Lender Information

Servicing Lender
Cadence Bank
Originating Lender
Cadence Bank

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