PPP Loan information for Express electric inc.

$1,477,039

Express electric inc. was initially approved for PPP Loan of amount $1,477,039, the current approved amount is $1,477,039. The loan was approved on 03/20/2021 by The Whatcom Educational CU reported 97 jobs and $1,477,039 was used to fund payroll.

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

PPP Loan Search / WA / Ferndale / Express electric inc.

EXPRESS ELECTRIC INC.

Date Approved

03/20/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

EXPRESS ELECTRIC INC.

Borrower Address

1354 Pacific Pl Ste 102

Borrower City

Ferndale

Borrower State

WA

Borrower Zip

98248-7817

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1477039.00

Current Approval Amount

1477039.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

107441

Servicing Lender Name

Whatcom Educational CU

Servicing Lender Address

600 E Holly St

Servicing Lender City

BELLINGHAM

Servicing Lender State

WA

Servicing Lender Zip

98225-4711

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ferndale

Project County Name

WHATCOM

Project State

WA

Project Zip

98248-7817

CD

WA-02

Jobs Reported

97

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1477037.00

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

107441

Originating Lender

Whatcom Educational CU

Originating Lender City

BELLINGHAM

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1487965.04

Forgiveness Date

12/21/2021

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