PPP Loan information for Choice electronics inc

$30,518

Choice electronics inc was initially approved for PPP Loan of amount $30,518, the current approved amount is $30,518. The loan was approved on 06/22/2020 by The Wells Fargo Bank, National Association reported 4 jobs and $30,518 was used to fund payroll.

Choice electronics inc is Existing or more than 2 years old

PPP Loan Search / MD / SILVER SPRING / Choice electronics inc

CHOICE ELECTRONICS INC

Date Approved

06/22/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

CHOICE ELECTRONICS INC

Borrower Address

11248 GEORGIA AVE

Borrower City

SILVER SPRING

Borrower State

MD

Borrower Zip

20902-4618

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30518.00

Current Approval Amount

30518.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SILVER SPRING

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20902-4618

CD

MD-08

Jobs Reported

4

NAICS Code

541213

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

30518.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

30818.16

Forgiveness Date

06/18/2021

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