PPP Loan information for Always current electric inc

$113,986

Always current electric inc was initially approved for PPP Loan of amount $113,986, the current approved amount is $113,986. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 9 jobs and $113,986 was used to fund payroll.

Always current electric inc is New Business or 2 years or less

ALWAYS CURRENT ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

ALWAYS CURRENT ELECTRIC INC

Borrower Address

720 N 10TH ST # A403

Borrower City

RENTON

Borrower State

WA

Borrower Zip

98057-5683

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113986.00

Current Approval Amount

113986.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RENTON

Project County Name

KING

Project State

WA

Project Zip

98057-5683

CD

WA-09

Jobs Reported

9

NAICS Code

999990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

113986.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

114947.85

Forgiveness Date

03/10/2021

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