PPP Loan information for Albd electric & cable

$1,595,000

Albd electric & cable was initially approved for PPP Loan of amount $1,595,000, the current approved amount is $1,595,000. The loan was approved on 04/13/2020 by The Sunwest Bank reported 219 jobs and $1,595,000 was used to fund payroll.

Albd electric & cable is Existing or more than 2 years old

ALBD ELECTRIC & CABLE

Date Approved

04/13/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

ALBD ELECTRIC & CABLE

Borrower Address

995 DISCOVERY LN

Borrower City

ANAHEIM

Borrower State

CA

Borrower Zip

92801-1147

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1595000.00

Current Approval Amount

1595000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

14926

Servicing Lender Name

Sunwest Bank

Servicing Lender Address

10011 Centennial Pkwy, Ste 450

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ANAHEIM

Project County Name

ORANGE

Project State

CA

Project Zip

92801-1147

CD

CA-46

Jobs Reported

219

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1595000.00

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

14926

Originating Lender

Sunwest Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1612654.25

Forgiveness Date

06/04/2021

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