PPP Loan information for Focal electric company

$177,200

Focal electric company was initially approved for PPP Loan of amount $177,200, the current approved amount is $177,200. The loan was approved on 04/27/2020 by The The American National Bank of Texas reported 17 jobs and $177,200 was used to fund payroll.

Focal electric company is Existing or more than 2 years old

FOCAL ELECTRIC COMPANY

Date Approved

04/27/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

FOCAL ELECTRIC COMPANY

Borrower Address

3731 Cavalier Drive

Borrower City

Garland

Borrower State

TX

Borrower Zip

75042

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

177200.00

Current Approval Amount

177200.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Garland

Project County Name

DALLAS

Project State

TX

Project Zip

75042-2900

CD

TX-05

Jobs Reported

17

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

177200.00

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

Limited Liability Company(LLC)

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

179666.24

Forgiveness Date

09/22/2021

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