PPP borrower record
R&L ELECTRIC INC PPP loan record
Public SBA PPP loan record for R&L ELECTRIC INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$1,555,500
Approved amount
$1,567,166
Forgiven amount
2020-04-15
Date approved
Borrower and loan details
Borrower
R&L ELECTRIC INC
Loan number
1804787201
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Weatherford
Borrower state
Texas
Borrower ZIP
76087
Jobs reported
134
Loan status
Paid in Full
Forgiveness date
2021-01-20
Servicing lender
PlainsCapital Bank
Originating lender
PlainsCapital Bank
Reported use of proceeds
Payroll
$1,506,400
Rent
$42,250
Utilities
$6,500
Mortgage interest
N/A
Health care
N/A
Debt interest
$350
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.