6M ELECTRIC LLC (TX) - 2020 PPP Loan Borrower Profile (# 1760387403)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 6M ELECTRIC LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Texas.
Loan Detail
Loan Number
1760387403
SBA Office Code
0610
Processing Method
PPP
Curent Loan Amount
$166,080
Date Loan was Approved
May 4, 2020
Amount Forgiven
$167,222.08
Date Loan was Forgiven
Jan 14, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
166,080
Lender
Texas Bank and Trust Company
Business Detail
Business Type
Limited Liability Company(LLC)
NAICS
238210
Borrower Location
TYLER, TX
Project Location
TYLER, TX
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
23
Business Age Description
Existing or more than 2 years old
Data Source: SBA.