PPP Loan information for Dc electric inc

$85,850

Dc electric inc was initially approved for PPP Loan of amount $85,850, the current approved amount is $85,850. The loan was approved on 02/19/2021 by The Bank of America, National Association reported 10 jobs and $85,850 was used to fund payroll.

Dc electric inc is Existing or more than 2 years old

DC ELECTRIC INC

Date Approved

02/19/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

DC ELECTRIC INC

Borrower Address

23117 63rd Ave W

Borrower City

Mountlake Terrace

Borrower State

WA

Borrower Zip

98043-2938

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85850.00

Current Approval Amount

85850.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mountlake Terrace

Project County Name

SNOHOMISH

Project State

WA

Project Zip

98043-2938

CD

WA-02

Jobs Reported

10

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

85846.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

86386.27

Forgiveness Date

10/06/2021

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