PPP Loan information for Affordable electric inc

$499,788

Affordable electric inc was initially approved for PPP Loan of amount $499,788, the current approved amount is $499,788. The loan was approved on 01/22/2021 by The Riverview Bank reported 26 jobs and $499,788 was used to fund payroll.

Affordable electric inc is Existing or more than 2 years old

PPP Loan Search / OR / Clackamas / Affordable electric inc

AFFORDABLE ELECTRIC INC

Date Approved

01/22/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

AFFORDABLE ELECTRIC INC

Borrower Address

14942 SE 82nd Dr

Borrower City

Clackamas

Borrower State

OR

Borrower Zip

97015-9665

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

499787.79

Current Approval Amount

499787.79

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84480

Servicing Lender Name

Riverview Bank

Servicing Lender Address

900 Washington, Ste 100

Servicing Lender City

VANCOUVER

Servicing Lender State

WA

Servicing Lender Zip

98660-3419

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Clackamas

Project County Name

CLACKAMAS

Project State

OR

Project Zip

97015-9665

CD

OR-05

Jobs Reported

26

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

499783.79

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

84480

Originating Lender

Riverview Bank

Originating Lender City

VANCOUVER

Originating Lender State

WA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

503647.26

Forgiveness Date

11/05/2021

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