PPP Loan information for D.r.e. power and cabling contractors inc

$300,000

D.r.e. power and cabling contractors inc was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 05/14/2021 by The Texas National Bank reported 30 jobs and $300,000 was used to fund payroll.

D.r.e. power and cabling contractors inc is Existing or more than 2 years old

D.R.E. POWER AND CABLING CONTRACTORS INC

Date Approved

05/14/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

D.R.E. POWER AND CABLING CONTRACTORS INC

Borrower Address

1665 North Odonnell Waynull 1665 North Odonnell Waynull

Borrower City

Orange

Borrower State

CA

Borrower Zip

92867

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71432

Servicing Lender Name

Texas National Bank

Servicing Lender Address

201 S Texas Ave

Servicing Lender City

MERCEDES

Servicing Lender State

TX

Servicing Lender Zip

78570-3123

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Orange

Project County Name

ORANGE

Project State

CA

Project Zip

92867

CD

CA-39

Jobs Reported

30

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

300000.00

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

Subchapter S Corporation

Originating Lender Location Id

71432

Originating Lender

Texas National Bank

Originating Lender City

MERCEDES

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

301533.33

Forgiveness Date

01/03/2022

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