PPP Loan information for Ktx electric, llc

$861,600

Ktx electric, llc was initially approved for PPP Loan of amount $861,600, the current approved amount is $861,600. The loan was approved on 04/05/2020 by The Prosperity Bank reported 56 jobs and $861,600 was used to fund payroll.

Ktx electric, llc is Existing or more than 2 years old

KTX ELECTRIC, LLC

Date Approved

04/05/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

KTX ELECTRIC, LLC

Borrower Address

3700 N County Rd 1150

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79705-9563

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

861600.00

Current Approval Amount

861600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79705-9563

CD

TX-11

Jobs Reported

56

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

861600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

868468.87

Forgiveness Date

01/27/2021

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