As part of the Paycheck Protection Program LUBBOCK ELECTRIC CO, INC 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.

LUBBOCK ELECTRIC CO, INC


Loan Amount	$991,100
BusinessName	LUBBOCK ELECTRIC CO, INC
Address	1108 34TH ST
City	LUBBOCK
State	TX
Zip	79411
NAICSCode	423610
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	83
DateApproved	04/04/2020
Lender	City Bank
CD	TX-19
BusinessName.clean	LUBBOCK ELECTRIC CO

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.

Other Organizations with PPP Loans

LUBBOCK REGIONAL MENTAL HEALTH MENTAL RETARDATION CENTER
LUBE POWER
LUBELL AND ROSEN
LUBEZONE
LUBIN OLSON NIEWIADOMSKI L