Date Approved
02/24/2021
SBA Office Code
0678
Processing Method
PPP
Borrower Name
BROWN'S PERMIAN ELECTRIC COMPANY
Borrower Address
803 S Marienfeld St
Borrower City
Midland
Borrower State
TX
Borrower Zip
79701-7215
Loan Status Date
08/20/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
185560.34
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
225134
Servicing Lender Name
Truist Bank
Servicing Lender Address
214 N Tryon St
Servicing Lender City
CHARLOTTE
Servicing Lender State
NC
Servicing Lender Zip
28202-1078
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MIDLAND
Project State
Project Zip
CD
TX-11
Jobs Reported
14
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
185556.34
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
186323.20
Forgiveness Date
07/28/2021