PPP Loan information for True light electric, inc.

$276,507

True light electric, inc. was initially approved for PPP Loan of amount $276,507, the current approved amount is $276,507. The loan was approved on 04/13/2020 by The Heritage Bank reported 16 jobs and $276,507 was used to fund payroll.

True light electric, inc. is Existing or more than 2 years old

TRUE LIGHT ELECTRIC, INC.

Date Approved

04/13/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

TRUE LIGHT ELECTRIC, INC.

Borrower Address

7425 128TH ST E

Borrower City

PUYALLUP

Borrower State

WA

Borrower Zip

98373-5382

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

276507.00

Current Approval Amount

276507.00

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

PUYALLUP

Project County Name

PIERCE

Project State

WA

Project Zip

98373-5382

CD

WA-10

Jobs Reported

16

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

276507.00

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

81191

Originating Lender

Heritage Bank

Originating Lender City

OLYMPIA

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

278166.04

Forgiveness Date

11/27/2020

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