PPP Loan information for Sonco electrico co; inc.

$229,200

Sonco electrico co; inc. was initially approved for PPP Loan of amount $229,200, the current approved amount is $229,200. The loan was approved on 05/11/2020 by The City Bank reported 27 jobs and $229,200 was used to fund payroll.

Sonco electrico co; inc. is Existing or more than 2 years old

PPP Loan Search / TX / ODESSA / Sonco electrico co; inc.

SONCO ELECTRICO CO; INC.

Date Approved

05/11/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

SONCO ELECTRICO CO; INC.

Borrower Address

7435 PO BOX

Borrower City

ODESSA

Borrower State

TX

Borrower Zip

79760-7435

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

229200.00

Current Approval Amount

229200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71330

Servicing Lender Name

City Bank

Servicing Lender Address

5219 City Bank Pkwy

Servicing Lender City

LUBBOCK

Servicing Lender State

TX

Servicing Lender Zip

79407-3544

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ODESSA

Project County Name

ECTOR

Project State

TX

Project Zip

79760-7435

CD

TX-11

Jobs Reported

27

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22920.00

Payroll Proceed

183360.00

Mortgage Interest Proceed

0.00

Rent Proceed

22920.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

71330

Originating Lender

City Bank

Originating Lender City

LUBBOCK

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

230957.20

Forgiveness Date

02/16/2021

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