PPP Loan information for Phillips electric and associates, inc.

$262,765

Phillips electric and associates, inc. was initially approved for PPP Loan of amount $262,765, the current approved amount is $262,765. The loan was approved on 04/14/2020 by The Cadence Bank reported 25 jobs and $262,765 was used to fund payroll.

Phillips electric and associates, inc. is New Business or 2 years or less

PPP Loan Search / TX / ARLINGTON / Phillips electric and associates, inc.

PHILLIPS ELECTRIC AND ASSOCIATES, INC.

Date Approved

04/14/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

PHILLIPS ELECTRIC AND ASSOCIATES, INC.

Borrower Address

1020 W MAIN STREET

Borrower City

ARLINGTON

Borrower State

TX

Borrower Zip

76013

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

262765.00

Current Approval Amount

262765.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

ARLINGTON

Project County Name

TARRANT

Project State

TX

Project Zip

76013-0400

CD

TX-25

Jobs Reported

25

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

262765.00

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

265670.01

Forgiveness Date

05/26/2021

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