Garrett Electronics, Inc.

$2,629,180 PPP Loan in Garland, Texas

Loan Details

Loan Number
9946637008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$2,629,180
Current Approval
$2,629,180
Forgiveness Amount
$2,659,741
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Garrett Electronics, Inc.
Address
1881 W. State Street 0.0
State
Texas
ZIP Code
75042-6761
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (334511)
Business Age
Existing or more than 2 years old
Jobs Reported
246
Estimated Revenue
$64.4M
Rural/Urban
Urban
Congressional District
TX-05

Loan Use Breakdown

Payroll
$2,038,822
Rent
$107,358
Utilities
$50,000
Health Care
$433,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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