PPP Loan information for Blue electric

$71,950

Blue electric was initially approved for PPP Loan of amount $71,950, the current approved amount is $71,950. The loan was approved on 04/28/2020 by The Mechanics Bank reported 5 jobs and $71,950 was used to fund payroll.

Blue electric is New Business or 2 years or less

BLUE ELECTRIC

Date Approved

04/28/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

BLUE ELECTRIC

Borrower Address

1600 MILVIA ST

Borrower City

BERKELEY

Borrower State

CA

Borrower Zip

94709

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71950.00

Current Approval Amount

71950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

6042

Servicing Lender Name

Mechanics Bank

Servicing Lender Address

1111 Civic Dr

Servicing Lender City

WALNUT CREEK

Servicing Lender State

CA

Servicing Lender Zip

94596-3895

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

BERKELEY

Project County Name

ALAMEDA

Project State

CA

Project Zip

94709-0001

CD

CA-12

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

71950.00

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

6042

Originating Lender

Mechanics Bank

Originating Lender City

WALNUT CREEK

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72583.56

Forgiveness Date

03/18/2021

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