PPP Loan information for Bakersfield electric motor repair inc

$201,312

Bakersfield electric motor repair inc was initially approved for PPP Loan of amount $201,312, the current approved amount is $201,312. The loan was approved on 05/19/2020 by The Wells Fargo Bank, National Association reported 12 jobs and $201,312 was used to fund payroll.

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

BAKERSFIELD ELECTRIC MOTOR REPAIR INC

Date Approved

05/19/2020

SBA Office Code

0942

Processing Method

PPP

Borrower Name

BAKERSFIELD ELECTRIC MOTOR REPAIR INC

Borrower Address

121 WEST SUMNER STREET

Borrower City

BAKERSFIELD

Borrower State

CA

Borrower Zip

93301-4137

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

201312.00

Current Approval Amount

201312.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

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

12

NAICS Code

335312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

201312.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

203667.07

Forgiveness Date

07/21/2021

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