PPP Loan information for Acme electric

$2,207,000

Acme electric was initially approved for PPP Loan of amount $2,207,000, the current approved amount is $2,207,000. The loan was approved on 04/14/2020 by The Dubuque Bank and Trust Company reported 162 jobs and $2,207,000 was used to fund payroll.

Acme electric is Existing or more than 2 years old

PPP Loan Search / TX / LUBBOCK / Acme electric

ACME ELECTRIC

Date Approved

04/14/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

ACME ELECTRIC

Borrower Address

108 E 82ND ST

Borrower City

LUBBOCK

Borrower State

TX

Borrower Zip

79404

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2207000.00

Current Approval Amount

2207000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24930

Servicing Lender Name

Dubuque Bank and Trust Company

Servicing Lender Address

1398 Central Ave

Servicing Lender City

DUBUQUE

Servicing Lender State

IA

Servicing Lender Zip

52001-5021

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LUBBOCK

Project County Name

LUBBOCK

Project State

TX

Project Zip

79404-1000

CD

TX-19

Jobs Reported

162

NAICS Code

238390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2207000.00

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

Corporation

Originating Lender Location Id

24930

Originating Lender

Dubuque Bank and Trust Company

Originating Lender City

DUBUQUE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2232274.68

Forgiveness Date

06/11/2021

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