PPP Loan information for Electric motor works inc.

$259,000

Electric motor works inc. was initially approved for PPP Loan of amount $261,000, the current approved amount is $259,000. The loan was approved on 04/30/2020 by The Citizens Business Bank reported 26 jobs and $259,000 was used to fund payroll.

Electric motor works inc. is Existing or more than 2 years old

PPP Loan Search / CA / BAKERSFIELD / Electric motor works inc.

ELECTRIC MOTOR WORKS INC.

Date Approved

04/30/2020

SBA Office Code

0942

Processing Method

PPP

Borrower Name

ELECTRIC MOTOR WORKS INC.

Borrower Address

803 Inyo Street

Borrower City

BAKERSFIELD

Borrower State

CA

Borrower Zip

93305-5127

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

261000.00

Current Approval Amount

259000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5095

Servicing Lender Name

Citizens Business Bank

Servicing Lender Address

701 N Haven Ave

Servicing Lender City

ONTARIO

Servicing Lender State

CA

Servicing Lender Zip

91764-4925

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BAKERSFIELD

Project County Name

KERN

Project State

CA

Project Zip

93305-5127

CD

CA-22

Jobs Reported

26

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

259000.00

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

5095

Originating Lender

Citizens Business Bank

Originating Lender City

ONTARIO

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

260334.03

Forgiveness Date

11/19/2020

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