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Tri Element Incorporated

Alice, TX 78332

The loans, in SBA’s record

$2.3 million
Approved
$2,303,023
The amount of every loan as it now stands, added together.
2
Loans
1 first draw and 1 second draw.
$2.3 million
Forgiven
$2,310,604
The forgiveness amounts SBA records, as of September 30, 2024. Forgiveness and the amount approved are on different bases and do not compare.

How this compares

Amount approved: $2,303,023
By the amount SBA approved, ranks 25,268th of 10,688,106 borrowers nationally, 1,916th of 871,560 in Texas and 6th of 914 in the project’s county, Jim Wells, TX. Larger than 99% of the 10,688,106 borrowers in SBA’s published loans, by amount approved. The project’s county is the one SBA printed on the borrower’s first loan, which need not be where the borrower is.

Each loan

4 more columns on a wider screen

Paycheck Protection Program loans to Tri Element Incorporated, as SBA recorded them
Approved onAmountStatusForgiven
April 10, 2020$1.2 millionPaid in Full$1.2 million
February 3, 2021$1.2 millionCharged Off$1.1 million

Forgiveness and the amount approved are on different bases and do not compare. “Operating in” is where SBA records the business as operating, which is not always the mailing address above. Browse every PPP loan by state and lender.

Sources

Data retrieved