PPP Loan information for Efficient electric inc

$200,220

Efficient electric inc was initially approved for PPP Loan of amount $189,547, the current approved amount is $200,220. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 21 jobs and $200,220 was used to fund payroll.

Efficient electric inc is New Business or 2 years or less

EFFICIENT ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

EFFICIENT ELECTRIC INC

Borrower Address

8925 W LARKSPUR DR STE 106

Borrower City

PEORIA

Borrower State

AZ

Borrower Zip

85381-6146

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

189547.00

Current Approval Amount

200220.00

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

New Business or 2 years or less

Project City

PEORIA

Project County Name

MARICOPA

Project State

AZ

Project Zip

85381-6146

CD

AZ-08

Jobs Reported

21

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

200220.00

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

201470.69

Forgiveness Date

12/30/2020

;