PPP Loan information for Duke electric company, inc.

$2,371,100

Duke electric company, inc. was initially approved for PPP Loan of amount $2,371,100, the current approved amount is $2,371,100. The loan was approved on 04/05/2020 by The First United Bank reported 137 jobs and $2,371,100 was used to fund payroll.

Duke electric company, inc. is Existing or more than 2 years old

PPP Loan Search / TX / AMARILLO / Duke electric company, inc.

DUKE ELECTRIC COMPANY, INC.

Date Approved

04/05/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

DUKE ELECTRIC COMPANY, INC.

Borrower Address

6451 FM 1541

Borrower City

AMARILLO

Borrower State

TX

Borrower Zip

79118

Loan Status Date

04/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2371100.00

Current Approval Amount

2371100.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

AMARILLO

Project County Name

RANDALL

Project State

TX

Project Zip

79118-0001

CD

TX-13

Jobs Reported

137

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

296387.50

Payroll Proceed

1778325.00

Mortgage Interest Proceed

0.00

Rent Proceed

296387.50

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

2395272.05

Forgiveness Date

04/19/2021

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