PPP Loan information for Art's electric, inc.

$203,530

Art's electric, inc. was initially approved for PPP Loan of amount $203,530, the current approved amount is $203,530. The loan was approved on 04/14/2020 by The Twin City Bank reported 14 jobs and $203,530 was used to fund payroll.

Art's electric, inc. is Existing or more than 2 years old

ART'S ELECTRIC, INC.

Date Approved

04/14/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

ART'S ELECTRIC, INC.

Borrower Address

1320 INDUSTRIAL WAY

Borrower City

LONGVIEW

Borrower State

WA

Borrower Zip

98632-1032

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

203530.00

Current Approval Amount

203530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124393

Servicing Lender Name

Twin City Bank

Servicing Lender Address

729 Vandercook Way

Servicing Lender City

LONGVIEW

Servicing Lender State

WA

Servicing Lender Zip

98632-4016

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LONGVIEW

Project County Name

COWLITZ

Project State

WA

Project Zip

98632-1032

CD

WA-03

Jobs Reported

14

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20353.00

Payroll Proceed

152647.50

Mortgage Interest Proceed

0.00

Rent Proceed

30529.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

124393

Originating Lender

Twin City Bank

Originating Lender City

LONGVIEW

Originating Lender State

WA

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

205491.80

Forgiveness Date

04/05/2021

;