PPP borrower record

HI-TECH ELECTRIC INC PPP loan record

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

$5,100,000
Approved amount
$5,158,933
Forgiven amount
2020-04-13
Date approved

Borrower and loan details

Borrower
HI-TECH ELECTRIC INC
Loan number
4406277101
Business type
Corporation
Business age
Existing or more than 2 years old
Borrower city
Houston
Borrower state
Texas
Borrower ZIP
77041
Jobs reported
337
Loan status
Exemption 4
Forgiveness date
2021-06-11
Servicing lender
BBVA USA
Originating lender
BBVA USA

Reported use of proceeds

Payroll
$3,825,000
Rent
$637,500
Utilities
$637,500
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.