PPP Loan information for Foreman electric service company

$1,187,818

Foreman electric service company was initially approved for PPP Loan of amount $1,187,818, the current approved amount is $1,187,818. The loan was approved on 07/20/2020 by The Northwest FCU reported 315 jobs and $1,187,818 was used to fund payroll.

Foreman electric service company is Existing or more than 2 years old

FOREMAN ELECTRIC SERVICE COMPANY

Date Approved

07/20/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

FOREMAN ELECTRIC SERVICE COMPANY

Borrower Address

2626 JBS Parkway, Suite 205B

Borrower City

ODESSA

Borrower State

TX

Borrower Zip

79761-1941

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1187817.50

Current Approval Amount

1187817.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

94031

Servicing Lender Name

Northwest FCU

Servicing Lender Address

200 Spring St

Servicing Lender City

HERNDON

Servicing Lender State

VA

Servicing Lender Zip

20170-5241

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ODESSA

Project County Name

ECTOR

Project State

TX

Project Zip

79761-1941

CD

TX-11

Jobs Reported

315

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1187817.50

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

94031

Originating Lender

Northwest FCU

Originating Lender City

HERNDON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1206525.63

Forgiveness Date

02/14/2022

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