PPP Loan information for Benton electric inc.

$633,200

Benton electric inc. was initially approved for PPP Loan of amount $633,200, the current approved amount is $633,200. The loan was approved on 01/22/2021 by The Citizens Bank reported 22 jobs and $633,200 was used to fund payroll.

Benton electric inc. is Existing or more than 2 years old

BENTON ELECTRIC INC.

Date Approved

01/22/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

BENTON ELECTRIC INC.

Borrower Address

34037 Excor Rd SW

Borrower City

Albany

Borrower State

OR

Borrower Zip

97321-9464

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

633200.00

Current Approval Amount

633200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59564

Servicing Lender Name

Citizens Bank

Servicing Lender Address

275 SW 3rd St

Servicing Lender City

Corvallis

Servicing Lender State

OR

Servicing Lender Zip

97339

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Albany

Project County Name

LINN

Project State

OR

Project Zip

97321-9464

CD

OR-04

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

633196.00

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

Corporation

Originating Lender Location Id

59564

Originating Lender

Citizens Bank

Originating Lender City

Corvallis

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

638907.47

Forgiveness Date

12/28/2021

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