PPP Loan information for Propele electric boat motors, inc.

$14,148

Propele electric boat motors, inc. was initially approved for PPP Loan of amount $14,148, the current approved amount is $14,148. The loan was approved on 05/01/2020 by The Cross River Bank reported 4 jobs and $14,148 was used to fund payroll.

Propele electric boat motors, inc. is Existing or more than 2 years old

PROPELE ELECTRIC BOAT MOTORS, INC.

Date Approved

05/01/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

PROPELE ELECTRIC BOAT MOTORS, INC.

Borrower Address

10404 428th Ave SE

Borrower City

North Bend

Borrower State

WA

Borrower Zip

98045

Loan Status Date

03/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

14148.00

Current Approval Amount

14148.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Bend

Project County Name

KING

Project State

WA

Project Zip

98045-0001

CD

WA-08

Jobs Reported

4

NAICS Code

333618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

14148.00

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

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

14340.26

Forgiveness Date

09/16/2021

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