PPP Loan information for Garcia and son electric inc

$68,670

Garcia and son electric inc was initially approved for PPP Loan of amount $68,670, the current approved amount is $68,670. The loan was approved on 02/26/2021 by The Mortgage Capital Development Corporation reported 6 jobs and $68,670 was used to fund payroll.

Garcia and son electric inc is Existing or more than 2 years old

GARCIA AND SON ELECTRIC INC

Date Approved

02/26/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

GARCIA AND SON ELECTRIC INC

Borrower Address

2909 Ellis St

Borrower City

Berkeley

Borrower State

CA

Borrower Zip

94703-2107

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

68670.00

Current Approval Amount

68670.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188162

Servicing Lender Name

Mortgage Capital Development Corporation

Servicing Lender Address

1611 Telegraph Ave Suite 504

Servicing Lender City

Oakland

Servicing Lender State

CA

Servicing Lender Zip

94612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Berkeley

Project County Name

ALAMEDA

Project State

CA

Project Zip

94703-2107

CD

CA-12

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

68665.00

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

188162

Originating Lender

Mortgage Capital Development Corporation

Originating Lender City

Oakland

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68946.56

Forgiveness Date

07/30/2021

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