PPP Loan information for Ktx electric llc

$861,625

Ktx electric llc was initially approved for PPP Loan of amount $861,625, the current approved amount is $861,625. The loan was approved on 01/23/2021 by The Prosperity Bank reported 57 jobs and $861,625 was used to fund payroll.

Ktx electric llc is Existing or more than 2 years old

KTX ELECTRIC LLC

Date Approved

01/23/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

KTX ELECTRIC LLC

Borrower Address

3700 N County Road 1150

Borrower City

Midland

Borrower State

TX

Borrower Zip

79705-9563

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

861625.00

Current Approval Amount

861625.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79705-9563

CD

TX-11

Jobs Reported

57

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

861622.00

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

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

866148.53

Forgiveness Date

08/04/2021

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