PPP Loan information for Gulf coast electric co., inc.

$875,000

Gulf coast electric co., inc. was initially approved for PPP Loan of amount $875,000, the current approved amount is $875,000. The loan was approved on 04/11/2020 by The Third Coast Bank SSB reported 45 jobs and $875,000 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

04/11/2020

SBA Office Code

0671

Processing Method

PPP

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

11/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

875000.00

Current Approval Amount

875000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

454766

Servicing Lender Name

Third Coast Bank SSB

Servicing Lender Address

20202 Hwy 59 North, Ste 190

Servicing Lender City

HUMBLE

Servicing Lender State

TX

Servicing Lender Zip

77338-2403

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

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

45

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

875000.00

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

454766

Originating Lender

Third Coast Bank SSB

Originating Lender City

HUMBLE

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

887055.56

Forgiveness Date

09/08/2021

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