PPP Loan information for National switchgear holding llc

$1,898,400

National switchgear holding llc was initially approved for PPP Loan of amount $2,022,700, the current approved amount is $1,898,400. The loan was approved on 04/27/2020 by The Comerica Bank reported 104 jobs and $1,898,400 was used to fund payroll.

National switchgear holding llc is Existing or more than 2 years old

NATIONAL SWITCHGEAR HOLDING LLC

Date Approved

04/27/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

NATIONAL SWITCHGEAR HOLDING LLC

Borrower Address

649 FRANKLIN STREET

Borrower City

LEWISVILLE

Borrower State

TX

Borrower Zip

75057-2301

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2022700.00

Current Approval Amount

1898400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEWISVILLE

Project County Name

DENTON

Project State

TX

Project Zip

75057-2301

CD

TX-26

Jobs Reported

104

NAICS Code

551114

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1898400.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1927772.47

Forgiveness Date

11/09/2021

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