PPP Loan information for Power electric incorporation

$53,629

Power electric incorporation was initially approved for PPP Loan of amount $53,629, the current approved amount is $53,629. The loan was approved on 02/04/2021 by The U.S. Bank, National Association reported 4 jobs and $53,629 was used to fund payroll.

Power electric incorporation is Existing or more than 2 years old

POWER ELECTRIC INCORPORATION

Date Approved

02/04/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

POWER ELECTRIC INCORPORATION

Borrower Address

19304 SE River Rd

Borrower City

Milwaukie

Borrower State

OR

Borrower Zip

97267-6955

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

53629.00

Current Approval Amount

53629.00

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

Y

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

97267-6955

CD

OR-05

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53628.00

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

53858.41

Forgiveness Date

07/12/2021

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