PPP Loan information for Am-tex electric

$1,374,340

Am-tex electric was initially approved for PPP Loan of amount $1,374,340, the current approved amount is $1,374,340. The loan was approved on 04/13/2020 by The First United Bank reported 78 jobs and $1,374,340 was used to fund payroll.

Am-tex electric is Existing or more than 2 years old

PPP Loan Search / TX / AMARILLO / Am-tex electric

AM-TEX ELECTRIC

Date Approved

04/13/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

AM-TEX ELECTRIC

Borrower Address

300 S. Travis

Borrower City

AMARILLO

Borrower State

TX

Borrower Zip

79106

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1374340.00

Current Approval Amount

1374340.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69778

Servicing Lender Name

First United Bank

Servicing Lender Address

201 N Broadway

Servicing Lender City

DIMMITT

Servicing Lender State

TX

Servicing Lender Zip

79027-1823

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

79106-0001

CD

TX-13

Jobs Reported

78

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

171792.50

Payroll Proceed

1030755.00

Mortgage Interest Proceed

0.00

Rent Proceed

171792.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

69778

Originating Lender

First United Bank

Originating Lender City

DIMMITT

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1381975.22

Forgiveness Date

11/03/2020

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