PPP Loan information for Champion electric, inc.

$1,489,627

Champion electric, inc. was initially approved for PPP Loan of amount $1,489,625, the current approved amount is $1,489,627. The loan was approved on 04/15/2020 by The Loan Source Incorporated reported 59 jobs and $1,489,627 was used to fund payroll.

Champion electric, inc. is Existing or more than 2 years old

PPP Loan Search / CA / RIVERSIDE / Champion electric, inc.

CHAMPION ELECTRIC, INC.

Date Approved

04/15/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

CHAMPION ELECTRIC, INC.

Borrower Address

3950 GARNER RD

Borrower City

RIVERSIDE

Borrower State

CA

Borrower Zip

92501-1005

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1489625.00

Current Approval Amount

1489627.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RIVERSIDE

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92501-1005

CD

CA-39

Jobs Reported

59

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1327127.00

Mortgage Interest Proceed

0.00

Rent Proceed

37500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

125000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

90426

Originating Lender

Pacific Premier Bank

Originating Lender City

IRVINE

Originating Lender State

CA

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1505584.37

Forgiveness Date

05/21/2021

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