PPP Loan information for R b owens electric inc

$264,418

R b owens electric inc was initially approved for PPP Loan of amount $264,418, the current approved amount is $264,418. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 20 jobs and $264,418 was used to fund payroll.

R b owens electric inc is New Business or 2 years or less

R B OWENS ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

R B OWENS ELECTRIC INC

Borrower Address

2242 INDUSTRIAL BLVD

Borrower City

SARASOTA

Borrower State

FL

Borrower Zip

34234-3120

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

264418.00

Current Approval Amount

264418.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SARASOTA

Project County Name

SARASOTA

Project State

FL

Project Zip

34234-3120

CD

FL-17

Jobs Reported

20

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

264418.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

266757.92

Forgiveness Date

03/25/2021

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