PPP Loan information for Power electric inc.

$59,500

Power electric inc. was initially approved for PPP Loan of amount $59,500, the current approved amount is $59,500. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 3 jobs and $59,500 was used to fund payroll.

Power electric inc. is Existing or more than 2 years old

PPP Loan Search / OR / MILWAUKIE / Power electric inc.

POWER ELECTRIC INC.

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

POWER ELECTRIC INC.

Borrower Address

19304 RIVER CT SE

Borrower City

MILWAUKIE

Borrower State

OR

Borrower Zip

97267

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59500.00

Current Approval Amount

59500.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

MILWAUKIE

Project County Name

CLACKAMAS

Project State

OR

Project Zip

97267-1000

CD

OR-05

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

59500.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60070.21

Forgiveness Date

04/15/2021

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