PPP Loan information for Central electric & insulation co inc

$70,780

Central electric & insulation co inc was initially approved for PPP Loan of amount $70,780, the current approved amount is $70,780. The loan was approved on 01/26/2021 by The First Texoma National Bank reported 8 jobs and $70,780 was used to fund payroll.

Central electric & insulation co inc is Existing or more than 2 years old

PPP Loan Search / OK / Durant / Central electric & insulation co inc

CENTRAL ELECTRIC & INSULATION CO INC

Date Approved

01/26/2021

SBA Office Code

0680

Processing Method

PPS

Borrower Name

CENTRAL ELECTRIC & INSULATION CO INC

Borrower Address

225 W Main St

Borrower City

Durant

Borrower State

OK

Borrower Zip

74701-5022

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70779.72

Current Approval Amount

70779.72

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58912

Servicing Lender Name

First Texoma National Bank

Servicing Lender Address

220 W Main St

Servicing Lender City

DURANT

Servicing Lender State

OK

Servicing Lender Zip

74701-5023

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Durant

Project County Name

BRYAN

Project State

OK

Project Zip

74701-5022

CD

OK-02

Jobs Reported

8

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

70778.72

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

58912

Originating Lender

First Texoma National Bank

Originating Lender City

DURANT

Originating Lender State

OK

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

71106.09

Forgiveness Date

07/14/2021

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