PPP Loan information for Ok electric inc

$250,000

Ok electric inc was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 29 jobs and $250,000 was used to fund payroll.

Ok electric inc is New Business or 2 years or less

OK ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

1094

Processing Method

PPP

Borrower Name

OK ELECTRIC INC

Borrower Address

3721 E CENTRAL AVE

Borrower City

SPOKANE

Borrower State

WA

Borrower Zip

99217-6581

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SPOKANE

Project County Name

SPOKANE

Project State

WA

Project Zip

99217-6581

CD

WA-05

Jobs Reported

29

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

252089.04

Forgiveness Date

03/10/2021

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