PPP Loan information for Orient electric, inc

$478,419

Orient electric, inc was initially approved for PPP Loan of amount $478,419, the current approved amount is $478,419. The loan was approved on 04/14/2020 by The U.S. Bank, National Association reported 31 jobs and $478,419 was used to fund payroll.

Orient electric, inc is Existing or more than 2 years old

ORIENT ELECTRIC, INC

Date Approved

04/14/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

ORIENT ELECTRIC, INC

Borrower Address

30532 BLUFF RD SE

Borrower City

GRESHAM

Borrower State

OR

Borrower Zip

97080

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

478419.00

Current Approval Amount

478419.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRESHAM

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97080-0001

CD

OR-03

Jobs Reported

31

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

478419.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

481847.67

Forgiveness Date

12/31/2020

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