PPP Loan information for Mid-coast electric supply inc

$2,000,000

Mid-coast electric supply inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/27/2021 by The Frost Bank reported 120 jobs and $2,000,000 was used to fund payroll.

Mid-coast electric supply inc is Existing or more than 2 years old

MID-COAST ELECTRIC SUPPLY INC

Date Approved

02/27/2021

SBA Office Code

0681

Processing Method

PPS

Borrower Name

MID-COAST ELECTRIC SUPPLY INC

Borrower Address

3354 Nacogdoches Rd

Borrower City

San Antonio

Borrower State

TX

Borrower Zip

78217-3323

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71783

Servicing Lender Name

Frost Bank

Servicing Lender Address

111 W Houston St

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78205-1414

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

San Antonio

Project County Name

BEXAR

Project State

TX

Project Zip

78217-3323

CD

TX-35

Jobs Reported

120

NAICS Code

423610

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

71783

Originating Lender

Frost Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1815486.11

Forgiveness Date

02/22/2022

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