PPP Loan information for Channel electric inc

$260,817

Channel electric inc was initially approved for PPP Loan of amount $260,817, the current approved amount is $260,817. The loan was approved on 04/09/2020 by The First Bank reported 20 jobs and $260,817 was used to fund payroll.

Channel electric inc is Existing or more than 2 years old

PPP Loan Search / AK / KETCHIKAN / Channel electric inc

CHANNEL ELECTRIC INC

Date Approved

04/09/2020

SBA Office Code

1084

Processing Method

PPP

Borrower Name

CHANNEL ELECTRIC INC

Borrower Address

1155 COPPER RIDGE LN

Borrower City

KETCHIKAN

Borrower State

AK

Borrower Zip

99901-6250

Loan Status Date

01/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

260816.80

Current Approval Amount

260816.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3501

Servicing Lender Name

First Bank

Servicing Lender Address

2030 Sea level Dr Ste 300

Servicing Lender City

KETCHIKAN

Servicing Lender State

AK

Servicing Lender Zip

99901-6440

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KETCHIKAN

Project County Name

KETCHIKAN GATEWAY

Project State

AK

Project Zip

99901-6250

CD

AK-

Jobs Reported

20

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

260816.80

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

3501

Originating Lender

First Bank

Originating Lender City

KETCHIKAN

Originating Lender State

AK

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

262417.43

Forgiveness Date

11/27/2020

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