PPP Loan information for Budd electric co

$220,530

Budd electric co was initially approved for PPP Loan of amount $220,530, the current approved amount is $220,530. The loan was approved on 02/07/2021 by The American Bank, National Association reported 17 jobs and $220,530 was used to fund payroll.

Budd electric co is Existing or more than 2 years old

PPP Loan Search / TX / Corpus Christi / Budd electric co

BUDD ELECTRIC CO

Date Approved

02/07/2021

SBA Office Code

0639

Processing Method

PPS

Borrower Name

BUDD ELECTRIC CO

Borrower Address

3910 Apollo Rd

Borrower City

Corpus Christi

Borrower State

TX

Borrower Zip

78413-1937

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

220530.00

Current Approval Amount

220530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69225

Servicing Lender Name

American Bank, National Association

Servicing Lender Address

5120 S. Padre Island Dr

Servicing Lender City

CORPUS CHRISTI

Servicing Lender State

TX

Servicing Lender Zip

78411-4208

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Corpus Christi

Project County Name

NUECES

Project State

TX

Project Zip

78413-1937

CD

TX-27

Jobs Reported

17

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

220527.00

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

69225

Originating Lender

American Bank, National Association

Originating Lender City

CORPUS CHRISTI

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

222232.98

Forgiveness Date

11/16/2021

;