PPP Loan information for National electric & services, inc.

$450,160

National electric & services, inc. was initially approved for PPP Loan of amount $450,160, the current approved amount is $450,160. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 152 jobs and $450,160 was used to fund payroll.

National electric & services, inc. is New Business or 2 years or less

PPP Loan Search / CA / BURBANK / National electric & services, inc.

NATIONAL ELECTRIC & SERVICES, INC.

Date Approved

05/01/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

NATIONAL ELECTRIC & SERVICES, INC.

Borrower Address

624 S SAN FERNANDO BLVD STE C

Borrower City

BURBANK

Borrower State

CA

Borrower Zip

91502-1950

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

450160.00

Current Approval Amount

450160.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

BURBANK

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91502-1950

CD

CA-30

Jobs Reported

152

NAICS Code

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

450160.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

453983.28

Forgiveness Date

03/11/2021

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