PPP Loan information for Design electric inc

$61,667

Design electric inc was initially approved for PPP Loan of amount $61,667, the current approved amount is $61,667. The loan was approved on 05/06/2020 by The Wells Fargo Bank, National Association reported 4 jobs and $61,667 was used to fund payroll.

Design electric inc is Existing or more than 2 years old

PPP Loan Search / WA / KALAMA / Design electric inc

DESIGN ELECTRIC INC

Date Approved

05/06/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

DESIGN ELECTRIC INC

Borrower Address

121 JE JOHNSON ROAD

Borrower City

KALAMA

Borrower State

WA

Borrower Zip

98625

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61667.00

Current Approval Amount

61667.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KALAMA

Project County Name

COWLITZ

Project State

WA

Project Zip

98625-0001

CD

WA-03

Jobs Reported

4

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

61667.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62214.40

Forgiveness Date

03/29/2021

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