As part of the Paycheck Protection Program KTX ELECTRIC, LLC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

KTX ELECTRIC, LLC


Loan Amount	$861,600
BusinessName	KTX ELECTRIC, LLC
Address	3700 N County Rd 1150
City	MIDLAND
State	TX
Zip	79705
NAICSCode	811310
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	56
DateApproved	04/05/2020
Lender	FirstCapital Bank of Texas, National Association
CD	TX-11
BusinessName.clean	KTX ELECTRIC

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

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