PPP Loan information for Root of design electric, inc

$38,392

Root of design electric, inc was initially approved for PPP Loan of amount $38,392, the current approved amount is $38,392. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 5 jobs and $38,392 was used to fund payroll.

Root of design electric, inc is Existing or more than 2 years old

PPP Loan Search / NV / INCLINE VLG / Root of design electric, inc

ROOT OF DESIGN ELECTRIC, INC

Date Approved

05/01/2020

SBA Office Code

0944

Processing Method

PPP

Borrower Name

ROOT OF DESIGN ELECTRIC, INC

Borrower Address

820 ORIOLE WAY

Borrower City

INCLINE VLG

Borrower State

NV

Borrower Zip

89451

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38392.00

Current Approval Amount

38392.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

INCLINE VLG

Project County Name

WASHOE

Project State

NV

Project Zip

89451-0001

CD

NV-02

Jobs Reported

5

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38392.00

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

38885.76

Forgiveness Date

08/11/2021

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