PPP Loan information for Foreman electric services

$1,187,817

Foreman electric services was initially approved for PPP Loan of amount $1,187,817, the current approved amount is $1,187,817. The loan was approved on 03/01/2021 by The Heartland CU reported 118 jobs and $1,187,817 was used to fund payroll.

Foreman electric services is Existing or more than 2 years old

FOREMAN ELECTRIC SERVICES

Date Approved

03/01/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

FOREMAN ELECTRIC SERVICES

Borrower Address

2626 JBS Parkway Ste 205B

Borrower City

Odessa

Borrower State

TX

Borrower Zip

79761

Loan Status Date

08/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1187817.00

Current Approval Amount

1187817.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

97218

Servicing Lender Name

Heartland CU

Servicing Lender Address

4000 N Monroe St

Servicing Lender City

HUTCHINSON

Servicing Lender State

KS

Servicing Lender Zip

67502-2224

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

CD

TX-11

Jobs Reported

118

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1187815.00

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

97218

Originating Lender

Heartland CU

Originating Lender City

HUTCHINSON

Originating Lender State

KS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1203567.78

Forgiveness Date

07/08/2022

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