PPP Loan information for The electric co.

$17,784

The electric co. was initially approved for PPP Loan of amount $17,784, the current approved amount is $17,784. The loan was approved on 04/28/2020 by The TBK Bank, SSB reported 1 jobs and $17,784 was used to fund payroll.

The electric co. is Existing or more than 2 years old

THE ELECTRIC CO.

Date Approved

04/28/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

THE ELECTRIC CO.

Borrower Address

1410 COUNTY ROAD 500

Borrower City

PAGOSA SPRINGS

Borrower State

CO

Borrower Zip

81147-7302

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17784.37

Current Approval Amount

17784.37

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71488

Servicing Lender Name

TBK Bank, SSB

Servicing Lender Address

12700 Park Central Dr, Ste 1700

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75251-1517

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PAGOSA SPRINGS

Project County Name

ARCHULETA

Project State

CO

Project Zip

81147-7302

CD

CO-03

Jobs Reported

1

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

13000.00

Mortgage Interest Proceed

4784.37

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

71488

Originating Lender

TBK Bank, SSB

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

17969.13

Forgiveness Date

05/11/2021

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