Texas Oil Electric Inc.

$332,900 PPP Loan in Abilene, Texas

Loan Details

Loan Number
8474387001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$332,900
Current Approval
$332,900
Forgiveness Amount
$335,187
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Texas Oil Electric Inc.
Address
1590 US Hwy 80 East
State
Texas
ZIP Code
79601
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$11.5M
Rural/Urban
Urban
Congressional District
TX-19

Loan Use Breakdown

Payroll
$332,900

Lender Information

Servicing Lender
Centennial Bank
Originating Lender
Centennial Bank

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