PPP Loan information for Ford electric company, incorporated

$151,800

Ford electric company, incorporated was initially approved for PPP Loan of amount $189,800, the current approved amount is $151,800. The loan was approved on 04/07/2020 by The Bank of the Pacific reported 16 jobs and $151,800 was used to fund payroll.

Ford electric company, incorporated is Existing or more than 2 years old

FORD ELECTRIC COMPANY, INCORPORATED

Date Approved

04/07/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

FORD ELECTRIC COMPANY, INCORPORATED

Borrower Address

105 3rd St SE

Borrower City

LONG BEACH

Borrower State

WA

Borrower Zip

98631-2635

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

189800.00

Current Approval Amount

151800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74177

Servicing Lender Name

Bank of the Pacific

Servicing Lender Address

1216 Skyview Dr

Servicing Lender City

ABERDEEN

Servicing Lender State

WA

Servicing Lender Zip

98520-1067

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LONG BEACH

Project County Name

PACIFIC

Project State

WA

Project Zip

98631-2635

CD

WA-03

Jobs Reported

16

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

151800.00

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

74177

Originating Lender

Bank of the Pacific

Originating Lender City

ABERDEEN

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

153592.49

Forgiveness Date

06/28/2021

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