PPP Loan information for Revolution electric, inc.

$183,500

Revolution electric, inc. was initially approved for PPP Loan of amount $173,500, the current approved amount is $183,500. The loan was approved on 04/04/2020 by The Summit Bank reported 14 jobs and $183,500 was used to fund payroll.

Revolution electric, inc. is Existing or more than 2 years old

PPP Loan Search / OR / SPRINGFIELD / Revolution electric, inc.

REVOLUTION ELECTRIC, INC.

Date Approved

04/04/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

REVOLUTION ELECTRIC, INC.

Borrower Address

480 SHELLEY ST STE B

Borrower City

SPRINGFIELD

Borrower State

OR

Borrower Zip

97477-1965

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

173500.00

Current Approval Amount

183500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

368537

Servicing Lender Name

Summit Bank

Servicing Lender Address

96 E Broadway

Servicing Lender City

EUGENE

Servicing Lender State

OR

Servicing Lender Zip

97401-3135

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

LANE

Project State

OR

Project Zip

97477-1965

CD

OR-04

Jobs Reported

14

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

183500.00

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

368537

Originating Lender

Summit Bank

Originating Lender City

EUGENE

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

184520.56

Forgiveness Date

11/03/2020

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