PPP Loan information for Welburn electric, inc

$710,104

Welburn electric, inc was initially approved for PPP Loan of amount $525,264, the current approved amount is $710,104. The loan was approved on 04/09/2020 by The Banner Bank reported 39 jobs and $710,104 was used to fund payroll.

Welburn electric, inc is Existing or more than 2 years old

PPP Loan Search / OR / PHOENIX / Welburn electric, inc

WELBURN ELECTRIC, INC

Date Approved

04/09/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

WELBURN ELECTRIC, INC

Borrower Address

4529 S. PACIFIC HWY.

Borrower City

PHOENIX

Borrower State

OR

Borrower Zip

97535-6601

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

525264.14

Current Approval Amount

710104.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79430

Servicing Lender Name

Banner Bank

Servicing Lender Address

10 S First Ave

Servicing Lender City

WALLA WALLA

Servicing Lender State

WA

Servicing Lender Zip

99362-1942

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PHOENIX

Project County Name

JACKSON

Project State

OR

Project Zip

97535-6601

CD

OR-02

Jobs Reported

39

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

35505.20

Payroll Proceed

603588.40

Mortgage Interest Proceed

0.00

Rent Proceed

14202.08

Refinance EIDL Proceed

0.00

Health Care Proceed

56808.32

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

79430

Originating Lender

Banner Bank

Originating Lender City

WALLA WALLA

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

715434.64

Forgiveness Date

01/20/2021

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