PPP Loan information for Electrolurgy manufacturing, inc.

$1,715,735

Electrolurgy manufacturing, inc. was initially approved for PPP Loan of amount $1,715,735, the current approved amount is $1,715,735. The loan was approved on 04/13/2020 by The Loan Source Incorporated reported 120 jobs and $1,715,735 was used to fund payroll.

Electrolurgy manufacturing, inc. is Existing or more than 2 years old

ELECTROLURGY MANUFACTURING, INC.

Date Approved

04/13/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

ELECTROLURGY MANUFACTURING, INC.

Borrower Address

1217 E NORMANDY PL

Borrower City

SANTA ANA

Borrower State

CA

Borrower Zip

92705-4135

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1715735.00

Current Approval Amount

1715735.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SANTA ANA

Project County Name

ORANGE

Project State

CA

Project Zip

92705-4135

CD

CA-46

Jobs Reported

120

NAICS Code

332323

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

35368.00

Payroll Proceed

1566155.00

Mortgage Interest Proceed

57750.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

53126.00

Debt Interest Proceed

3336

Business Type

Corporation

Originating Lender Location Id

90426

Originating Lender

Pacific Premier Bank

Originating Lender City

IRVINE

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1733503.43

Forgiveness Date

05/06/2021

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