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Milestone Electric, Inc.

$5,617,500 PPP Loan in Garland, Texas

Loan Details

Loan Number
8205367008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$5,617,500
Current Approval
$5,617,500
Forgiveness Amount
$5,690,059
Forgiveness Date
Jul 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Milestone Electric, Inc.
Address
2360 Crist Rd Ste B900
City
Garland
State
Texas
ZIP Code
75040-3704
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
374
Estimated Revenue
$118.3M
Rural/Urban
Urban
Congressional District
TX-05

Loan Use Breakdown

Payroll
$5,102,500
Rent
$170,000
Utilities
$110,000
Health Care
$160,000
Debt Interest
$75,000

Lender Information

Servicing Lender
Homebank Texas
Originating Lender
Homebank Texas

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