PPP Loan information for Electric smith inc

$356,000

Electric smith inc was initially approved for PPP Loan of amount $356,000, the current approved amount is $356,000. The loan was approved on 05/19/2020 by The U.S. Bank, National Association reported 20 jobs and $356,000 was used to fund payroll.

Electric smith inc is New Business or 2 years or less

ELECTRIC SMITH INC

Date Approved

05/19/2020

SBA Office Code

1094

Processing Method

PPP

Borrower Name

ELECTRIC SMITH INC

Borrower Address

5150 FREYA ST N

Borrower City

SPOKANE

Borrower State

WA

Borrower Zip

99217

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

356000.00

Current Approval Amount

356000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SPOKANE

Project County Name

SPOKANE

Project State

WA

Project Zip

99217-0001

CD

WA-05

Jobs Reported

20

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

356000.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

358403.00

Forgiveness Date

01/20/2021

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