PPP Loan information for Hotel electric, inc.

$349,612

Hotel electric, inc. was initially approved for PPP Loan of amount $349,612, the current approved amount is $349,612. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 370 jobs and $349,612 was used to fund payroll.

Hotel electric, inc. is Existing or more than 2 years old

PPP Loan Search / AZ / PHOENIX / Hotel electric, inc.

HOTEL ELECTRIC, INC.

Date Approved

05/01/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

HOTEL ELECTRIC, INC.

Borrower Address

10402 N 19TH AVE

Borrower City

PHOENIX

Borrower State

AZ

Borrower Zip

85021

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

349612.00

Current Approval Amount

349612.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PHOENIX

Project County Name

MARICOPA

Project State

AZ

Project Zip

85021-0002

CD

AZ-01

Jobs Reported

370

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

326362.00

Mortgage Interest Proceed

0.00

Rent Proceed

10500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7050.00

Debt Interest Proceed

3200

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

353790.06

Forgiveness Date

07/15/2021

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