PPP Loan information for United electric company, lp

$1,518,300

United electric company, lp was initially approved for PPP Loan of amount $1,518,300, the current approved amount is $1,518,300. The loan was approved on 01/16/2021 by The First Bank reported 136 jobs and $1,518,300 was used to fund payroll.

United electric company, lp is Existing or more than 2 years old

PPP Loan Search / TX / Wichita Falls / United electric company, lp

UNITED ELECTRIC COMPANY, LP

Date Approved

01/16/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

UNITED ELECTRIC COMPANY, LP

Borrower Address

501 Galveston St

Borrower City

Wichita Falls

Borrower State

TX

Borrower Zip

76301-5906

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1518300.00

Current Approval Amount

1518300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69129

Servicing Lender Name

First Bank

Servicing Lender Address

300 E Third St

Servicing Lender City

BURKBURNETT

Servicing Lender State

TX

Servicing Lender Zip

76354-3437

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wichita Falls

Project County Name

WICHITA

Project State

TX

Project Zip

76301-5906

CD

TX-13

Jobs Reported

136

NAICS Code

423730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1518298.00

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

Partnership

Originating Lender Location Id

69129

Originating Lender

First Bank

Originating Lender City

BURKBURNETT

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1526186.73

Forgiveness Date

07/27/2021

;