PPP Loan information for Long electric co

$384,814

Long electric co was initially approved for PPP Loan of amount $384,814, the current approved amount is $384,814. The loan was approved on 04/28/2020 by The First Financial Bank, National Association reported 45 jobs and $384,814 was used to fund payroll.

Long electric co is Existing or more than 2 years old

LONG ELECTRIC CO

Date Approved

04/28/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

LONG ELECTRIC CO

Borrower Address

781 US HIGHWAY 80 E

Borrower City

ABILENE

Borrower State

TX

Borrower Zip

79601-6111

Loan Status Date

05/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

384814.38

Current Approval Amount

384814.38

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68922

Servicing Lender Name

First Financial Bank, National Association

Servicing Lender Address

400 Pine St

Servicing Lender City

ABILENE

Servicing Lender State

TX

Servicing Lender Zip

79601-5108

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ABILENE

Project County Name

TAYLOR

Project State

TX

Project Zip

79601-6111

CD

TX-19

Jobs Reported

45

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

96203.59

Payroll Proceed

288610.79

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

68922

Originating Lender

First Financial Bank, National Association

Originating Lender City

ABILENE

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

386802.59

Forgiveness Date

11/03/2020

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