PPP Loan information for Phillips electric and associates inc.

$295,917

Phillips electric and associates inc. was initially approved for PPP Loan of amount $295,917, the current approved amount is $295,917. The loan was approved on 02/07/2021 by The Loan Source Incorporated reported 27 jobs and $295,917 was used to fund payroll.

Phillips electric and associates inc. is Existing or more than 2 years old

PPP Loan Search / TX / Arlington / Phillips electric and associates inc.

PHILLIPS ELECTRIC AND ASSOCIATES INC.

Date Approved

02/07/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

PHILLIPS ELECTRIC AND ASSOCIATES INC.

Borrower Address

1020 W Main St

Borrower City

Arlington

Borrower State

TX

Borrower Zip

76013-1817

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

295917.00

Current Approval Amount

295917.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Arlington

Project County Name

TARRANT

Project State

TX

Project Zip

76013-1817

CD

TX-25

Jobs Reported

27

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

295912.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

299549.08

Forgiveness Date

05/05/2022

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