PPP Loan information for #1 quality electric inc

$200,000

#1 quality electric inc was initially approved for PPP Loan of amount $200,000, the current approved amount is $200,000. The loan was approved on 05/01/2020 by The Texas Regional Bank reported 22 jobs and $200,000 was used to fund payroll.

#1 quality electric inc is Existing or more than 2 years old

PPP Loan Search / TX / HARLINGEN / #1 quality electric inc

#1 QUALITY ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0639

Processing Method

PPP

Borrower Name

#1 QUALITY ELECTRIC INC

Borrower Address

22784 SAN MIGUEL ST

Borrower City

HARLINGEN

Borrower State

TX

Borrower Zip

78552-2580

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

200000.00

Current Approval Amount

200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111233

Servicing Lender Name

Texas Regional Bank

Servicing Lender Address

6770 W Expy 83

Servicing Lender City

HARLINGEN

Servicing Lender State

TX

Servicing Lender Zip

78552

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HARLINGEN

Project County Name

CAMERON

Project State

TX

Project Zip

78552-2580

CD

TX-34

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

200000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

111233

Originating Lender

Texas Regional Bank

Originating Lender City

HARLINGEN

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

201358.90

Forgiveness Date

01/08/2021

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