PPP Loan information for Garrett electronics, inc.

$2,629,180

Garrett electronics, inc. was initially approved for PPP Loan of amount $2,629,180, the current approved amount is $2,629,180. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 246 jobs and $2,629,180 was used to fund payroll.

Garrett electronics, inc. is Existing or more than 2 years old

GARRETT ELECTRONICS, INC.

Date Approved

04/09/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

GARRETT ELECTRONICS, INC.

Borrower Address

1881 W. State Street 0.0

Borrower City

Garland

Borrower State

TX

Borrower Zip

75042-6761

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2629180.00

Current Approval Amount

2629180.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

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

75042-6761

CD

TX-05

Jobs Reported

246

NAICS Code

334511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

50000.00

Payroll Proceed

2038822.00

Mortgage Interest Proceed

0.00

Rent Proceed

107358.00

Refinance EIDL Proceed

0.00

Health Care Proceed

433000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2659741.30

Forgiveness Date

06/11/2021

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