PPP Loan information for Sugarman electric co. inc dba majestic electric

$50,900

Sugarman electric co. inc dba majestic electric was initially approved for PPP Loan of amount $50,900, the current approved amount is $50,900. The loan was approved on 04/10/2020 by The First-Citizens Bank & Trust Company reported 6 jobs and $50,900 was used to fund payroll.

Sugarman electric co. inc dba majestic electric is New Business or 2 years or less

SUGARMAN ELECTRIC CO. INC DBA MAJESTIC ELECTRIC

Date Approved

04/10/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

SUGARMAN ELECTRIC CO. INC DBA MAJESTIC ELECTRIC

Borrower Address

23819 Tiara St

Borrower City

WOODLAND HILLS

Borrower State

CA

Borrower Zip

91367-2952

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50900.00

Current Approval Amount

50900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WOODLAND HILLS

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91367-2952

CD

CA-32

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50900.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51367.16

Forgiveness Date

03/17/2021

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