PPP Loan information for Bj electric motors services inc

$206,267

Bj electric motors services inc was initially approved for PPP Loan of amount $206,267, the current approved amount is $206,267. The loan was approved on 03/27/2021 by The Community National Bank reported 14 jobs and $206,267 was used to fund payroll.

Bj electric motors services inc is Existing or more than 2 years old

PPP Loan Search / TX / Midland / Bj electric motors services inc

BJ ELECTRIC MOTORS SERVICES INC

Date Approved

03/27/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

BJ ELECTRIC MOTORS SERVICES INC

Borrower Address

2900 W Francis Ave

Borrower City

Midland

Borrower State

TX

Borrower Zip

79701-8500

Loan Status Date

07/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

206267.00

Current Approval Amount

206267.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71446

Servicing Lender Name

Community National Bank

Servicing Lender Address

500 W Illinios Ave

Servicing Lender City

MIDLAND

Servicing Lender State

TX

Servicing Lender Zip

79701-4234

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79701-8500

CD

TX-11

Jobs Reported

14

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

206265.00

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

71446

Originating Lender

Community National Bank

Originating Lender City

MIDLAND

Originating Lender State

TX

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

208879.72

Forgiveness Date

07/06/2022

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