National Electric Coil INC

$3,576,700 PPP Loan in Brownsville, Texas

Loan Details

Loan Number
8631317007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$3,576,700
Current Approval
$3,576,700
Forgiveness Amount
$3,618,826
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
National Electric Coil INC
Address
3330 E 14th St
State
Texas
ZIP Code
78521-3232
Business Type
Partnership
Industry (NAICS)
Wholesale Trade (423830)
Business Age
Existing or more than 2 years old
Jobs Reported
296
Estimated Revenue
$90.7M
Rural/Urban
Urban
Congressional District
TX-34

Loan Use Breakdown

Payroll
$3,576,700

Lender Information

Servicing Lender
International Bank of Commerce
Originating Lender
International Bank of Commerce

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