PPP Loan information for Westech electric, inc.

$187,700

Westech electric, inc. was initially approved for PPP Loan of amount $187,700, the current approved amount is $187,700. The loan was approved on 04/09/2020 by The Prosperity Bank reported 19 jobs and $187,700 was used to fund payroll.

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

PPP Loan Search / TX / LUBBOCK / Westech electric, inc.

WESTECH ELECTRIC, INC.

Date Approved

04/09/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

WESTECH ELECTRIC, INC.

Borrower Address

1706 N. NASHVILLE AVE

Borrower City

LUBBOCK

Borrower State

TX

Borrower Zip

79415-1302

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

187700.00

Current Approval Amount

187700.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LUBBOCK

Project County Name

LUBBOCK

Project State

TX

Project Zip

79415-1302

CD

TX-19

Jobs Reported

19

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

187700.00

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

Subchapter S Corporation

Originating Lender Location Id

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

189128.61

Forgiveness Date

01/13/2021

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