PPP Loan information for B&d electrical contractors inc

$996,418

B&d electrical contractors inc was initially approved for PPP Loan of amount $996,418, the current approved amount is $996,418. The loan was approved on 04/28/2020 by The Cadence Bank reported 86 jobs and $996,418 was used to fund payroll.

B&d electrical contractors inc is New Business or 2 years or less

PPP Loan Search / TX / LONGVIEW / B&d electrical contractors inc

B&D ELECTRICAL CONTRACTORS INC

Date Approved

04/28/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

B&D ELECTRICAL CONTRACTORS INC

Borrower Address

206 SIMMS ST

Borrower City

LONGVIEW

Borrower State

TX

Borrower Zip

75604

Loan Status Date

01/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

996417.50

Current Approval Amount

996417.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LONGVIEW

Project County Name

GREGG

Project State

TX

Project Zip

75604-0001

CD

TX-01

Jobs Reported

86

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

996417.50

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1002562.07

Forgiveness Date

12/09/2020

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