PPP Loan information for Dr electric inc

$170,530

Dr electric inc was initially approved for PPP Loan of amount $170,530, the current approved amount is $170,530. The loan was approved on 03/20/2021 by The Simmons Bank reported 17 jobs and $170,530 was used to fund payroll.

Dr electric inc is Existing or more than 2 years old

PPP Loan Search / TX / Tomball / Dr electric inc

DR ELECTRIC INC

Date Approved

03/20/2021

SBA Office Code

0671

Processing Method

PPS

Borrower Name

DR ELECTRIC INC

Borrower Address

1047 E Hufsmith Rd

Borrower City

Tomball

Borrower State

TX

Borrower Zip

77375-4930

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

170530.00

Current Approval Amount

170530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tomball

Project County Name

HARRIS

Project State

TX

Project Zip

77375-4930

CD

TX-10

Jobs Reported

17

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

170526.00

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

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

171954.98

Forgiveness Date

01/31/2022

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