PPP Loan information for Olympic electric

$292,140

Olympic electric was initially approved for PPP Loan of amount $292,140, the current approved amount is $292,140. The loan was approved on 01/29/2021 by The 1st Security Bank of Washington reported 19 jobs and $292,140 was used to fund payroll.

Olympic electric is Existing or more than 2 years old

PPP Loan Search / WA / Port Angeles / Olympic electric

OLYMPIC ELECTRIC

Date Approved

01/29/2021

SBA Office Code

1013

Processing Method

PPP

Borrower Name

OLYMPIC ELECTRIC

Borrower Address

4230 Tumwater Truck Rte

Borrower City

Port Angeles

Borrower State

WA

Borrower Zip

98363-2469

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

292140.00

Current Approval Amount

292140.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

107784

Servicing Lender Name

1st Security Bank of Washington

Servicing Lender Address

6920 220th St SW

Servicing Lender City

MOUNTLAKE TERRACE

Servicing Lender State

WA

Servicing Lender Zip

98043-2177

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Port Angeles

Project County Name

CLALLAM

Project State

WA

Project Zip

98363-2469

CD

WA-06

Jobs Reported

19

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

292136.00

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

107784

Originating Lender

1st Security Bank of Washington

Originating Lender City

MOUNTLAKE TERRACE

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

294038.91

Forgiveness Date

09/24/2021

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