PPP Loan information for Somerton electric l.l.c.

$62,400

Somerton electric l.l.c. was initially approved for PPP Loan of amount $86,900, the current approved amount is $62,400. The loan was approved on 02/11/2021 by The Newtek Small Business Finance, Inc. reported 10 jobs and $62,400 was used to fund payroll.

Somerton electric l.l.c. is Existing or more than 2 years old

PPP Loan Search / AZ / SOMERTON / Somerton electric l.l.c.

SOMERTON ELECTRIC L.L.C.

Date Approved

02/11/2021

SBA Office Code

0988

Processing Method

PPS

Borrower Name

SOMERTON ELECTRIC L.L.C.

Borrower Address

203 W Cano St

Borrower City

SOMERTON

Borrower State

AZ

Borrower Zip

85350-3601

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

86900.00

Current Approval Amount

62400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Somerton

Project County Name

YUMA

Project State

AZ

Project Zip

85350

CD

AZ-03

Jobs Reported

10

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62630.53

Forgiveness Date

08/02/2021

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