PPP Loan information for Shearer electric company inc

$95,080

Shearer electric company inc was initially approved for PPP Loan of amount $95,080, the current approved amount is $95,080. The loan was approved on 04/14/2021 by The The American National Bank of Texas reported 14 jobs and $95,080 was used to fund payroll.

Shearer electric company inc is Existing or more than 2 years old

PPP Loan Search / TX / Mesquite / Shearer electric company inc

SHEARER ELECTRIC COMPANY INC

Date Approved

04/14/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

SHEARER ELECTRIC COMPANY INC

Borrower Address

612 W Main St

Borrower City

Mesquite

Borrower State

TX

Borrower Zip

75149-4112

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

95080.00

Current Approval Amount

95080.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71977

Servicing Lender Name

The American National Bank of Texas

Servicing Lender Address

102 W Moore

Servicing Lender City

TERRELL

Servicing Lender State

TX

Servicing Lender Zip

75160-3129

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mesquite

Project County Name

DALLAS

Project State

TX

Project Zip

75149-4112

CD

TX-32

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

95077.00

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

71977

Originating Lender

The American National Bank of Texas

Originating Lender City

TERRELL

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

95775.52

Forgiveness Date

01/13/2022

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