PPP Loan information for Modesto industrial electrical co., inc.

$4,115,042

Modesto industrial electrical co., inc. was initially approved for PPP Loan of amount $4,115,042, the current approved amount is $4,115,042. The loan was approved on 04/13/2020 by The U.S. Bank, National Association reported 275 jobs and $4,115,042 was used to fund payroll.

Modesto industrial electrical co., inc. is Existing or more than 2 years old

PPP Loan Search / CA / Modesto / Modesto industrial electrical co., inc.

MODESTO INDUSTRIAL ELECTRICAL CO., INC.

Date Approved

04/13/2020

SBA Office Code

0942

Processing Method

PPP

Borrower Name

MODESTO INDUSTRIAL ELECTRICAL CO., INC.

Borrower Address

1417 Coldwell Ave

Borrower City

Modesto

Borrower State

CA

Borrower Zip

95350-5703

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4115042.00

Current Approval Amount

4115042.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Modesto

Project County Name

STANISLAUS

Project State

CA

Project Zip

95350-5703

CD

CA-05

Jobs Reported

275

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4115042.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4159236.42

Forgiveness Date

06/09/2021

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