PPP Loan information for Johnny b. electric, inc.

$157,200

Johnny b. electric, inc. was initially approved for PPP Loan of amount $157,200, the current approved amount is $157,200. The loan was approved on 04/08/2020 by The Herring Bank reported 18 jobs and $157,200 was used to fund payroll.

Johnny b. electric, inc. is Existing or more than 2 years old

JOHNNY B. ELECTRIC, INC.

Date Approved

04/08/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

JOHNNY B. ELECTRIC, INC.

Borrower Address

1100 W. 1ST AVE

Borrower City

AMARILLO

Borrower State

TX

Borrower Zip

79106-8400

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

157200.00

Current Approval Amount

157200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72057

Servicing Lender Name

Herring Bank

Servicing Lender Address

2201 Civic Cir, 9th Fl

Servicing Lender City

AMARILLO

Servicing Lender State

TX

Servicing Lender Zip

79109-1848

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AMARILLO

Project County Name

POTTER

Project State

TX

Project Zip

79106-8400

CD

TX-13

Jobs Reported

18

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1572.00

Payroll Proceed

144624.00

Mortgage Interest Proceed

0.00

Rent Proceed

11004.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

72057

Originating Lender

Herring Bank

Originating Lender City

AMARILLO

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

158182.50

Forgiveness Date

11/23/2020

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