PPP borrower record

KMG ELECTRIC INC. PPP loan record

Public SBA PPP loan record for KMG ELECTRIC INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$145,510
Approved amount
$146,379
Forgiven amount
2020-04-15
Date approved

Borrower and loan details

Borrower
KMG ELECTRIC INC.
Loan number
1924737202
Business type
Subchapter S Corporation
Business age
New Business or 2 years or less
Borrower city
Elm Mott
Borrower state
Texas
Borrower ZIP
76640
Jobs reported
11
Loan status
Exemption 4
Forgiveness date
2020-11-27
Servicing lender
POINTWEST BANK
Originating lender
POINTWEST BANK

Reported use of proceeds

Payroll
$145,510
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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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.