PPP Loan information for Sail electric inc.

$120,000

Sail electric inc. was initially approved for PPP Loan of amount $120,000, the current approved amount is $120,000. The loan was approved on 01/20/2021 by The Peoples Bank reported 8 jobs and $120,000 was used to fund payroll.

Sail electric inc. is Existing or more than 2 years old

PPP Loan Search / WA / Bellingham / Sail electric inc.

SAIL ELECTRIC INC.

Date Approved

01/20/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

SAIL ELECTRIC INC.

Borrower Address

911 Slater Rd

Borrower City

Bellingham

Borrower State

WA

Borrower Zip

98226-8310

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

120000.00

Current Approval Amount

120000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74316

Servicing Lender Name

Peoples Bank

Servicing Lender Address

3100 Woburn St

Servicing Lender City

BELLINGHAM

Servicing Lender State

WA

Servicing Lender Zip

98226-8678

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bellingham

Project County Name

WHATCOM

Project State

WA

Project Zip

98226-8310

CD

WA-02

Jobs Reported

8

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

120000.00

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

74316

Originating Lender

Peoples Bank

Originating Lender City

BELLINGHAM

Originating Lender State

WA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

120583.33

Forgiveness Date

07/19/2021

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