PPP Loan information for Strom electric inc.

$306,100

Strom electric inc. was initially approved for PPP Loan of amount $306,100, the current approved amount is $306,100. The loan was approved on 04/15/2020 by The Umpqua Bank reported 25 jobs and $306,100 was used to fund payroll.

Strom electric inc. is Existing or more than 2 years old

STROM ELECTRIC INC.

Date Approved

04/15/2020

SBA Office Code

1094

Processing Method

PPP

Borrower Name

STROM ELECTRIC INC.

Borrower Address

405 S MAIN ST

Borrower City

TROY

Borrower State

ID

Borrower Zip

83871-5009

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

306100.00

Current Approval Amount

306100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TROY

Project County Name

LATAH

Project State

ID

Project Zip

83871-5009

CD

ID-01

Jobs Reported

25

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

306100.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

308364.30

Forgiveness Date

01/20/2021

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