PPP Loan information for Dear electric inc

$277,500

Dear electric inc was initially approved for PPP Loan of amount $277,500, the current approved amount is $277,500. The loan was approved on 04/07/2020 by The The Bancorp Bank National Association reported 23 jobs and $277,500 was used to fund payroll.

Dear electric inc is Existing or more than 2 years old

PPP Loan Search / WA / Kent / Dear electric inc

DEAR ELECTRIC INC

Date Approved

04/07/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

DEAR ELECTRIC INC

Borrower Address

19309 68th Ave S

Borrower City

Kent

Borrower State

WA

Borrower Zip

98032-2105

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

277500.00

Current Approval Amount

277500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188901

Servicing Lender Name

The Bancorp Bank National Association

Servicing Lender Address

6100 S Old Village Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kent

Project County Name

KING

Project State

WA

Project Zip

98032-2105

CD

WA-09

Jobs Reported

23

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

277500.00

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

188901

Originating Lender

The Bancorp Bank National Association

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

280698.96

Forgiveness Date

06/04/2021

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