PPP Loan information for Powertek electric inc

$1,178,760

Powertek electric inc was initially approved for PPP Loan of amount $1,178,760, the current approved amount is $1,178,760. The loan was approved on 04/13/2020 by The Bank of the Pacific reported 69 jobs and $1,178,760 was used to fund payroll.

Powertek electric inc is Existing or more than 2 years old

PPP Loan Search / WA / BLAINE / Powertek electric inc

POWERTEK ELECTRIC INC

Date Approved

04/13/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

POWERTEK ELECTRIC INC

Borrower Address

4550 Birch Bay Lynden Rd #1140

Borrower City

BLAINE

Borrower State

WA

Borrower Zip

98230-9436

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1178760.00

Current Approval Amount

1178760.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74177

Servicing Lender Name

Bank of the Pacific

Servicing Lender Address

1216 Skyview Dr

Servicing Lender City

ABERDEEN

Servicing Lender State

WA

Servicing Lender Zip

98520-1067

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLAINE

Project County Name

WHATCOM

Project State

WA

Project Zip

98230-9436

CD

WA-01

Jobs Reported

69

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3206.00

Payroll Proceed

843670.00

Mortgage Interest Proceed

0.00

Rent Proceed

2476.00

Refinance EIDL Proceed

0.00

Health Care Proceed

329408.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

74177

Originating Lender

Bank of the Pacific

Originating Lender City

ABERDEEN

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1186672.22

Forgiveness Date

12/15/2020

;