PPP Loan information for Southwest electric co.

$3,527,155

Southwest electric co. was initially approved for PPP Loan of amount $3,527,155, the current approved amount is $3,527,155. The loan was approved on 04/15/2020 by The JPMorgan Chase Bank, National Association reported 223 jobs and $3,527,155 was used to fund payroll.

Southwest electric co. is Existing or more than 2 years old

SOUTHWEST ELECTRIC CO.

Date Approved

04/15/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

SOUTHWEST ELECTRIC CO.

Borrower Address

6503 SE 74th Street 0.0

Borrower City

Oklahoma City

Borrower State

OK

Borrower Zip

73135-1100

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3527155.00

Current Approval Amount

3527155.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oklahoma City

Project County Name

OKLAHOMA

Project State

OK

Project Zip

73135-1100

CD

OK-04

Jobs Reported

223

NAICS Code

335311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3131155.00

Payroll Proceed

0.00

Mortgage Interest Proceed

16000.00

Rent Proceed

60000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

310000.00

Debt Interest Proceed

10000

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3568730.36

Forgiveness Date

06/23/2021

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