PPP Loan information for Phillips electric inc

$187,396

Phillips electric inc was initially approved for PPP Loan of amount $187,396, the current approved amount is $187,396. The loan was approved on 04/15/2020 by The TBK Bank, SSB reported 13 jobs and $187,396 was used to fund payroll.

Phillips electric inc is Existing or more than 2 years old

PPP Loan Search / CO / DURANGO / Phillips electric inc

PHILLIPS ELECTRIC INC

Date Approved

04/15/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

PHILLIPS ELECTRIC INC

Borrower Address

570 TURNER DR STE F

Borrower City

DURANGO

Borrower State

CO

Borrower Zip

81303-7980

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

187396.10

Current Approval Amount

187396.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71488

Servicing Lender Name

TBK Bank, SSB

Servicing Lender Address

12700 Park Central Dr, Ste 1700

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75251-1517

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURANGO

Project County Name

LA PLATA

Project State

CO

Project Zip

81303-7980

CD

CO-03

Jobs Reported

13

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1622.00

Payroll Proceed

168611.10

Mortgage Interest Proceed

0.00

Rent Proceed

5700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11463.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

71488

Originating Lender

TBK Bank, SSB

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

189644.85

Forgiveness Date

06/29/2021

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