PPP Loan information for Utility metering solutions

$2,374,242

Utility metering solutions was initially approved for PPP Loan of amount $2,374,242, the current approved amount is $2,374,242. The loan was approved on 04/11/2020 by The Texas Capital Bank reported 176 jobs and $2,374,242 was used to fund payroll.

Utility metering solutions is New Business or 2 years or less

PPP Loan Search / LA / Hammond / Utility metering solutions

UTILITY METERING SOLUTIONS

Date Approved

04/11/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

UTILITY METERING SOLUTIONS

Borrower Address

117 E Thomas St

Borrower City

Hammond

Borrower State

LA

Borrower Zip

70401-3313

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2374242.00

Current Approval Amount

2374242.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121598

Servicing Lender Name

Texas Capital Bank

Servicing Lender Address

2000 McKinney Ave, Ste 700

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-1985

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Hammond

Project County Name

TANGIPAHOA

Project State

LA

Project Zip

70401-3313

CD

LA-05

Jobs Reported

176

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4216.00

Payroll Proceed

2260445.00

Mortgage Interest Proceed

5461.00

Rent Proceed

104120.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

121598

Originating Lender

Texas Capital Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2401692.14

Forgiveness Date

06/11/2021

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