PPP Loan information for Applied electric, inc.

$286,800

Applied electric, inc. was initially approved for PPP Loan of amount $286,800, the current approved amount is $286,800. The loan was approved on 04/11/2020 by The Independent Bank reported 25 jobs and $286,800 was used to fund payroll.

Applied electric, inc. is Existing or more than 2 years old

APPLIED ELECTRIC, INC.

Date Approved

04/11/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

APPLIED ELECTRIC, INC.

Borrower Address

4549 Tabor Street Unit A

Borrower City

Wheat Ridge

Borrower State

CO

Borrower Zip

80033-2458

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

286800.00

Current Approval Amount

286800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wheat Ridge

Project County Name

JEFFERSON

Project State

CO

Project Zip

80033-2458

CD

CO-07

Jobs Reported

25

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

273400.00

Mortgage Interest Proceed

0.00

Rent Proceed

10400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

289516.63

Forgiveness Date

04/01/2021

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