PPP Loan information for A-1 desert electric

$429,100

A-1 desert electric was initially approved for PPP Loan of amount $429,100, the current approved amount is $429,100. The loan was approved on 01/29/2021 by The MidFirst Bank reported 52 jobs and $429,100 was used to fund payroll.

A-1 desert electric is Existing or more than 2 years old

PPP Loan Search / AZ / Avondale / A-1 desert electric

A-1 DESERT ELECTRIC

Date Approved

01/29/2021

SBA Office Code

0988

Processing Method

PPS

Borrower Name

A-1 DESERT ELECTRIC

Borrower Address

1050 N Fairway Dr Ste B108

Borrower City

Avondale

Borrower State

AZ

Borrower Zip

85323-5208

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

429100.00

Current Approval Amount

429100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

90226

Servicing Lender Name

MidFirst Bank

Servicing Lender Address

501 NW Grand Blvd

Servicing Lender City

OKLAHOMA CITY

Servicing Lender State

OK

Servicing Lender Zip

73118-6037

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Avondale

Project County Name

MARICOPA

Project State

AZ

Project Zip

85323-5208

CD

AZ-07

Jobs Reported

52

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

429098.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

90226

Originating Lender

MidFirst Bank

Originating Lender City

OKLAHOMA CITY

Originating Lender State

OK

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

432401.69

Forgiveness Date

11/10/2021

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