PPP Loan information for Gulf coast electric co inc.

$497,667

Gulf coast electric co inc. was initially approved for PPP Loan of amount $497,667, the current approved amount is $497,667. The loan was approved on 03/16/2021 by The Stellar Bank reported 39 jobs and $497,667 was used to fund payroll.

Gulf coast electric co inc. is Existing or more than 2 years old

PPP Loan Search / TX / Beaumont / Gulf coast electric co inc.

GULF COAST ELECTRIC CO INC.

Date Approved

03/16/2021

SBA Office Code

0671

Processing Method

PPS

Borrower Name

GULF COAST ELECTRIC CO INC.

Borrower Address

2005 Pecos St

Borrower City

Beaumont

Borrower State

TX

Borrower Zip

77701-2519

Loan Status Date

08/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

497667.00

Current Approval Amount

497667.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

451098

Servicing Lender Name

Stellar Bank

Servicing Lender Address

8727 W Sam Houston Pkwy North

Servicing Lender City

HOUSTON

Servicing Lender State

TX

Servicing Lender Zip

77040-5167

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Beaumont

Project County Name

JEFFERSON

Project State

TX

Project Zip

77701-2519

CD

TX-14

Jobs Reported

39

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

497667.00

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

451098

Originating Lender

Stellar Bank

Originating Lender City

HOUSTON

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

504211.66

Forgiveness Date

07/26/2022

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