PPP Loan information for Nix electric company

$766,042

Nix electric company was initially approved for PPP Loan of amount $766,042, the current approved amount is $766,042. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 58 jobs and $766,042 was used to fund payroll.

Nix electric company is Existing or more than 2 years old

NIX ELECTRIC COMPANY

Date Approved

05/01/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

NIX ELECTRIC COMPANY

Borrower Address

720 LOOP 289 SE

Borrower City

LUBBOCK

Borrower State

TX

Borrower Zip

79404

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

766042.00

Current Approval Amount

766042.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LUBBOCK

Project County Name

LUBBOCK

Project State

TX

Project Zip

79404-1000

CD

TX-19

Jobs Reported

58

NAICS Code

335311

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

766042.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

773639.46

Forgiveness Date

05/04/2021

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