PPP Loan information for Old time electric inc

$56,000

Old time electric inc was initially approved for PPP Loan of amount $56,000, the current approved amount is $56,000. The loan was approved on 04/14/2020 by The Customers Bank reported 3 jobs and $56,000 was used to fund payroll.

Old time electric inc is Existing or more than 2 years old

PPP Loan Search / WA / Puyallup / Old time electric inc

OLD TIME ELECTRIC INC

Date Approved

04/14/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

OLD TIME ELECTRIC INC

Borrower Address

5602 81st Street East

Borrower City

Puyallup

Borrower State

WA

Borrower Zip

98371

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56000.00

Current Approval Amount

56000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Puyallup

Project County Name

PIERCE

Project State

WA

Project Zip

98371-0001

CD

WA-10

Jobs Reported

3

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56000.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56403.51

Forgiveness Date

01/25/2021

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