PPP Loan information for Bowen electric co inc

$657,276

Bowen electric co inc was initially approved for PPP Loan of amount $657,276, the current approved amount is $657,276. The loan was approved on 04/08/2020 by The Community Bank & Trust, Waco, Texas reported 70 jobs and $657,276 was used to fund payroll.

Bowen electric co inc is Existing or more than 2 years old

BOWEN ELECTRIC CO INC

Date Approved

04/08/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

BOWEN ELECTRIC CO INC

Borrower Address

324 COTTON DR

Borrower City

WACO

Borrower State

TX

Borrower Zip

76712-6705

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

657276.15

Current Approval Amount

657276.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72077

Servicing Lender Name

Community Bank & Trust, Waco, Texas

Servicing Lender Address

1800 Washington Ave

Servicing Lender City

WACO

Servicing Lender State

TX

Servicing Lender Zip

76701-1011

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WACO

Project County Name

MCLENNAN

Project State

TX

Project Zip

76712-6705

CD

TX-17

Jobs Reported

70

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

657276.15

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

72077

Originating Lender

Community Bank & Trust, Waco, Texas

Originating Lender City

WACO

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

662372.29

Forgiveness Date

01/25/2021

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