Date Approved
04/28/2020
SBA Office Code
0681
Processing Method
PPP
Borrower Name
HUGO GARCIA ELECTRIC, INC.
Borrower Address
8408 CASA VERDE RD
Borrower City
LAREDO
Borrower State
TX
Borrower Zip
78041-1929
Loan Status Date
04/20/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
190900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
71913
Servicing Lender Name
Texas Community Bank
Servicing Lender Address
6721 McPherson Rd
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
78041-6404
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WEBB
Project State
Project Zip
CD
TX-28
Jobs Reported
26
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
2305.72
Payroll Proceed
152795.42
Mortgage Interest Proceed
Rent Proceed
15000.00
Refinance EIDL Proceed
Health Care Proceed
20162.22
Debt Interest Proceed
636.64
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
194383.27
Forgiveness Date
03/03/2022