PPP Loan information for Accurate electric inc

$397,754

Accurate electric inc was initially approved for PPP Loan of amount $397,754, the current approved amount is $397,754. The loan was approved on 01/31/2021 by The East West Bank reported 30 jobs and $397,754 was used to fund payroll.

Accurate electric inc is Existing or more than 2 years old

ACCURATE ELECTRIC INC

Date Approved

01/31/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

ACCURATE ELECTRIC INC

Borrower Address

2130 Floyd St

Borrower City

Burbank

Borrower State

CA

Borrower Zip

91504-3410

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

397754.00

Current Approval Amount

397754.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119918

Servicing Lender Name

East West Bank

Servicing Lender Address

135 N Los Robles Ave, 7th Fl

Servicing Lender City

PASADENA

Servicing Lender State

CA

Servicing Lender Zip

91101-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burbank

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91504-3410

CD

CA-30

Jobs Reported

30

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

397750.00

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

119918

Originating Lender

East West Bank

Originating Lender City

PASADENA

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

402935.85

Forgiveness Date

05/19/2022

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