PPP Loan information for Bakersfield electric motor repair inc.

$222,502

Bakersfield electric motor repair inc. was initially approved for PPP Loan of amount $222,502, the current approved amount is $222,502. The loan was approved on 03/31/2021 by The Valley Strong CU reported 16 jobs and $222,502 was used to fund payroll.

Bakersfield electric motor repair inc. is Existing or more than 2 years old

PPP Loan Search / CA / Bakersfield / Bakersfield electric motor repair inc.

BAKERSFIELD ELECTRIC MOTOR REPAIR INC.

Date Approved

03/31/2021

SBA Office Code

0942

Processing Method

PPS

Borrower Name

BAKERSFIELD ELECTRIC MOTOR REPAIR INC.

Borrower Address

121 W Sumner St

Borrower City

Bakersfield

Borrower State

CA

Borrower Zip

93301-4137

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

222502.00

Current Approval Amount

222502.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

92124

Servicing Lender Name

Valley Strong CU

Servicing Lender Address

11500 Bolthouse Dr

Servicing Lender City

BAKERSFIELD

Servicing Lender State

CA

Servicing Lender Zip

93311-8822

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bakersfield

Project County Name

KERN

Project State

CA

Project Zip

93301-4137

CD

CA-22

Jobs Reported

16

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

222496.00

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

92124

Originating Lender

Valley Strong CU

Originating Lender City

BAKERSFIELD

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

223611.46

Forgiveness Date

10/04/2021

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