PPP Loan information for Power city electric, inc

$4,202,700

Power city electric, inc was initially approved for PPP Loan of amount $4,202,700, the current approved amount is $4,202,700. The loan was approved on 04/06/2020 by The Washington Trust Bank reported 150 jobs and $4,202,700 was used to fund payroll.

Power city electric, inc is Unanswered

POWER CITY ELECTRIC, INC

Date Approved

04/06/2020

SBA Office Code

1094

Processing Method

PPP

Borrower Name

POWER CITY ELECTRIC, INC

Borrower Address

3327 E OLIVE AVE

Borrower City

SPOKANE

Borrower State

WA

Borrower Zip

99202-4617

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4202700.00

Current Approval Amount

4202700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74899

Servicing Lender Name

Washington Trust Bank

Servicing Lender Address

717 W Sprague Ave

Servicing Lender City

SPOKANE

Servicing Lender State

WA

Servicing Lender Zip

99201-3915

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

SPOKANE

Project County Name

SPOKANE

Project State

WA

Project Zip

99202-4617

CD

WA-05

Jobs Reported

150

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4202700.00

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

74899

Originating Lender

Washington Trust Bank

Originating Lender City

SPOKANE

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4243690.72

Forgiveness Date

04/05/2021

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