PPP Loan information for New electric inc

$355,200

New electric inc was initially approved for PPP Loan of amount $355,200, the current approved amount is $355,200. The loan was approved on 04/08/2020 by The Alpine Bank reported 17 jobs and $355,200 was used to fund payroll.

New electric inc is Existing or more than 2 years old

PPP Loan Search / CO / EAGLE / New electric inc

NEW ELECTRIC INC

Date Approved

04/08/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

NEW ELECTRIC INC

Borrower Address

629 Sawatch Road

Borrower City

EAGLE

Borrower State

CO

Borrower Zip

81631-6447

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

355200.00

Current Approval Amount

355200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15517

Servicing Lender Name

Alpine Bank

Servicing Lender Address

2200 Grand Ave

Servicing Lender City

GLENWOOD SPRINGS

Servicing Lender State

CO

Servicing Lender Zip

81601-4120

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAGLE

Project County Name

EAGLE

Project State

CO

Project Zip

81631-6447

CD

CO-02

Jobs Reported

17

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

355200.00

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

Subchapter S Corporation

Originating Lender Location Id

15517

Originating Lender

Alpine Bank

Originating Lender City

GLENWOOD SPRINGS

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

358460.05

Forgiveness Date

03/11/2021

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