PPP Loan information for General electronics assembly inc

$726,780

General electronics assembly inc was initially approved for PPP Loan of amount $726,780, the current approved amount is $726,780. The loan was approved on 03/15/2021 by The Loan Source Incorporated reported 60 jobs and $726,780 was used to fund payroll.

General electronics assembly inc is Existing or more than 2 years old

GENERAL ELECTRONICS ASSEMBLY INC

Date Approved

03/15/2021

SBA Office Code

0912

Processing Method

PPP

Borrower Name

GENERAL ELECTRONICS ASSEMBLY INC

Borrower Address

1525 Atteberry Ln

Borrower City

San Jose

Borrower State

CA

Borrower Zip

95131-1412

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

726780.00

Current Approval Amount

726780.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

San Jose

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95131-1412

CD

CA-17

Jobs Reported

60

NAICS Code

541519

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

726775.00

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

109526

Originating Lender

KeyPoint CU

Originating Lender City

SAN JOSE

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

733151.77

Forgiveness Date

02/03/2022

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