PPP Loan information for Titan electric inc

$2,000,000

Titan electric inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/29/2021 by The Heritage Bank reported 210 jobs and $2,000,000 was used to fund payroll.

Titan electric inc is Existing or more than 2 years old

TITAN ELECTRIC INC

Date Approved

01/29/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

TITAN ELECTRIC INC

Borrower Address

12828 Northup Way Ste 205

Borrower City

Bellevue

Borrower State

WA

Borrower Zip

98005-1973

Loan Status Date

04/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81191

Servicing Lender Name

Heritage Bank

Servicing Lender Address

201 5th Ave SW

Servicing Lender City

OLYMPIA

Servicing Lender State

WA

Servicing Lender Zip

98501-1063

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bellevue

Project County Name

KING

Project State

WA

Project Zip

98005-1973

CD

WA-09

Jobs Reported

210

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

81191

Originating Lender

Heritage Bank

Originating Lender City

OLYMPIA

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2022246.58

Forgiveness Date

03/15/2022

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