Shearer Electric Inc.

$97,945 PPP Loan in Mesquite, Texas

Loan Details

Loan Number
7948077207
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$97,945
Current Approval
$97,945
Forgiveness Amount
$99,025
Forgiveness Date
Jun 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Shearer Electric Inc.
Address
612 W. Main Street
State
Texas
ZIP Code
75149
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-32

Loan Use Breakdown

Payroll
$97,945

Lender Information

Servicing Lender
Lakeside Bank
Originating Lender
Lakeside Bank

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