PPP borrower record
FERRELL ELECTRIC INC PPP loan record
Public SBA PPP loan record for FERRELL ELECTRIC INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$512,000
Approved amount
$516,699
Forgiven amount
2020-04-27
Date approved
Borrower and loan details
Borrower
FERRELL ELECTRIC INC
Loan number
5332917202
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Royse City
Borrower state
Texas
Borrower ZIP
75189
Jobs reported
42
Loan status
Paid in Full
Forgiveness date
2021-03-31
Servicing lender
Commercial Bank of Texas, N.A.
Originating lender
Commercial Bank of Texas, N.A.
Reported use of proceeds
Payroll
$512,000
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.