PPP Loan information for Hi-tech electric inc

$5,100,000

Hi-tech electric inc was initially approved for PPP Loan of amount $5,100,000, the current approved amount is $5,100,000. The loan was approved on 04/13/2020 by The PNC Bank, National Association reported 337 jobs and $5,100,000 was used to fund payroll.

Hi-tech electric inc is Existing or more than 2 years old

PPP Loan Search / TX / HOUSTON / Hi-tech electric inc

HI-TECH ELECTRIC INC

Date Approved

04/13/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

HI-TECH ELECTRIC INC

Borrower Address

11116 W Little York Bldg 8

Borrower City

HOUSTON

Borrower State

TX

Borrower Zip

77041

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5100000.00

Current Approval Amount

5100000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOUSTON

Project County Name

HARRIS

Project State

TX

Project Zip

77041-1100

CD

TX-38

Jobs Reported

337

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

637500.00

Payroll Proceed

3825000.00

Mortgage Interest Proceed

0.00

Rent Proceed

637500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5158933.33

Forgiveness Date

06/11/2021

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