PPP Loan information for Blue electric inc.

$72,585

Blue electric inc. was initially approved for PPP Loan of amount $72,585, the current approved amount is $72,585. The loan was approved on 01/27/2021 by The Mechanics Bank reported 6 jobs and $72,585 was used to fund payroll.

Blue electric inc. is Existing or more than 2 years old

BLUE ELECTRIC INC.

Date Approved

01/27/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

BLUE ELECTRIC INC.

Borrower Address

1600 Milvia St

Borrower City

Berkeley

Borrower State

CA

Borrower Zip

94709-2012

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

72585.00

Current Approval Amount

72585.00

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

Existing or more than 2 years old

Project City

Berkeley

Project County Name

ALAMEDA

Project State

CA

Project Zip

94709-2012

CD

CA-12

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

72583.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

73072.93

Forgiveness Date

09/29/2021

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