System Electric, Inc.

$1,815,500 PPP Loan in Plano, Texas

Loan Details

Loan Number
8505737101
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,815,500
Current Approval
$1,815,500
Forgiveness Amount
$1,833,854
Forgiveness Date
Apr 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
System Electric, Inc.
Address
5700 Granite Pkwy #960
City
Plano
State
Texas
ZIP Code
75024-6643
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
120
Estimated Revenue
$39.5M
Rural/Urban
Urban
Congressional District
TX-04

Loan Use Breakdown

Payroll
$1,815,500

Lender Information

Servicing Lender
Prosperity Bank
Originating Lender
Prosperity Bank

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