PPP Loan information for Archie's electric inc.

$163,700

Archie's electric inc. was initially approved for PPP Loan of amount $163,700, the current approved amount is $163,700. The loan was approved on 04/28/2020 by The Texas National Bank reported 29 jobs and $163,700 was used to fund payroll.

Archie's electric inc. is Existing or more than 2 years old

PPP Loan Search / TX / MISSION / Archie's electric inc.

ARCHIE'S ELECTRIC INC.

Date Approved

04/28/2020

SBA Office Code

0639

Processing Method

PPP

Borrower Name

ARCHIE'S ELECTRIC INC.

Borrower Address

11916 N BRYAN RD

Borrower City

MISSION

Borrower State

TX

Borrower Zip

78573-6763

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

163700.00

Current Approval Amount

163700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71432

Servicing Lender Name

Texas National Bank

Servicing Lender Address

201 S Texas Ave

Servicing Lender City

MERCEDES

Servicing Lender State

TX

Servicing Lender Zip

78570-3123

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MISSION

Project County Name

HIDALGO

Project State

TX

Project Zip

78573-6763

CD

TX-15

Jobs Reported

29

NAICS Code

221118

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

40925.00

Payroll Proceed

122775.00

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

Corporation

Originating Lender Location Id

71432

Originating Lender

Texas National Bank

Originating Lender City

MERCEDES

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

165791.72

Forgiveness Date

08/03/2021

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