PPP Loan information for Brown's permian electric company

$185,560

Brown's permian electric company was initially approved for PPP Loan of amount $185,560, the current approved amount is $185,560. The loan was approved on 02/24/2021 by The Truist Bank reported 14 jobs and $185,560 was used to fund payroll.

Brown's permian electric company is Existing or more than 2 years old

PPP Loan Search / TX / Midland / Brown's permian electric company

BROWN'S PERMIAN ELECTRIC COMPANY

Date Approved

02/24/2021

SBA Office Code

0678

Processing Method

PPP

Borrower Name

BROWN'S PERMIAN ELECTRIC COMPANY

Borrower Address

803 S Marienfeld St

Borrower City

Midland

Borrower State

TX

Borrower Zip

79701-7215

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

185560.34

Current Approval Amount

185560.34

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

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

79701-7215

CD

TX-11

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

185556.34

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

186323.20

Forgiveness Date

07/28/2021

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