PPP Loan information for Milestone electric, inc.

$5,617,500

Milestone electric, inc. was initially approved for PPP Loan of amount $5,617,500, the current approved amount is $5,617,500. The loan was approved on 04/08/2020 by The HomeBank Texas reported 374 jobs and $5,617,500 was used to fund payroll.

Milestone electric, inc. is Existing or more than 2 years old

PPP Loan Search / TX / GARLAND / Milestone electric, inc.

MILESTONE ELECTRIC, INC.

Date Approved

04/08/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

MILESTONE ELECTRIC, INC.

Borrower Address

2360 CRIST RD STE B900

Borrower City

GARLAND

Borrower State

TX

Borrower Zip

75040-3704

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5617500.00

Current Approval Amount

5617500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71871

Servicing Lender Name

HomeBank Texas

Servicing Lender Address

601 N Hwy 175

Servicing Lender City

SEAGOVILLE

Servicing Lender State

TX

Servicing Lender Zip

75159-1832

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

75040-3704

CD

TX-05

Jobs Reported

374

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

110000.00

Payroll Proceed

5102500.00

Mortgage Interest Proceed

0.00

Rent Proceed

170000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

160000.00

Debt Interest Proceed

75000

Business Type

Corporation

Originating Lender Location Id

71871

Originating Lender

HomeBank Texas

Originating Lender City

SEAGOVILLE

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5690059.38

Forgiveness Date

07/23/2021

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