PPP Loan information for Modular electric inc

$320,064

Modular electric inc was initially approved for PPP Loan of amount $320,064, the current approved amount is $320,064. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 16 jobs and $320,064 was used to fund payroll.

Modular electric inc is Existing or more than 2 years old

MODULAR ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

MODULAR ELECTRIC INC

Borrower Address

909 7TH AVE #203

Borrower City

KIRKLAND

Borrower State

WA

Borrower Zip

98083

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

320064.00

Current Approval Amount

320064.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KIRKLAND

Project County Name

KING

Project State

WA

Project Zip

98083-0001

CD

WA-01

Jobs Reported

16

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

320064.00

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

323062.96

Forgiveness Date

04/14/2021

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