PPP Loan information for Garner electric company

$1,875,500

Garner electric company was initially approved for PPP Loan of amount $1,875,500, the current approved amount is $1,875,500. The loan was approved on 04/15/2020 by The Bank of the Pacific reported 150 jobs and $1,875,500 was used to fund payroll.

Garner electric company is Existing or more than 2 years old

GARNER ELECTRIC COMPANY

Date Approved

04/15/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

GARNER ELECTRIC COMPANY

Borrower Address

2890 SE Brookwood Ave

Borrower City

HILLSBORO

Borrower State

OR

Borrower Zip

97123-8498

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1875500.00

Current Approval Amount

1875500.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HILLSBORO

Project County Name

WASHINGTON

Project State

OR

Project Zip

97123-8498

CD

OR-01

Jobs Reported

150

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6130.00

Payroll Proceed

1832170.00

Mortgage Interest Proceed

0.00

Rent Proceed

37200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

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

1886496.08

Forgiveness Date

11/23/2020

;