PPP Loan information for Texas oil electric inc.

$332,900

Texas oil electric inc. was initially approved for PPP Loan of amount $332,900, the current approved amount is $332,900. The loan was approved on 04/08/2020 by The Centennial Bank reported 35 jobs and $332,900 was used to fund payroll.

Texas oil electric inc. is Existing or more than 2 years old

PPP Loan Search / TX / ABILENE / Texas oil electric inc.

TEXAS OIL ELECTRIC INC.

Date Approved

04/08/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

TEXAS OIL ELECTRIC INC.

Borrower Address

1590 US Hwy 80 East

Borrower City

ABILENE

Borrower State

TX

Borrower Zip

79601

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

332900.00

Current Approval Amount

332900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4392

Servicing Lender Name

Centennial Bank

Servicing Lender Address

620 Chestnut St

Servicing Lender City

CONWAY

Servicing Lender State

AR

Servicing Lender Zip

72032-5404

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ABILENE

Project County Name

TAYLOR

Project State

TX

Project Zip

79601-0200

CD

TX-19

Jobs Reported

35

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

332900.00

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

4392

Originating Lender

Centennial Bank

Originating Lender City

CONWAY

Originating Lender State

AR

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

325102.80

Forgiveness Date

12/15/2020

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