PPP Loan information for Rankin electric

$141,653

Rankin electric was initially approved for PPP Loan of amount $141,653, the current approved amount is $141,653. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 14 jobs and $141,653 was used to fund payroll.

Rankin electric is New Business or 2 years or less

PPP Loan Search / CA / BAKERSFIELD / Rankin electric

RANKIN ELECTRIC

Date Approved

05/01/2020

SBA Office Code

0942

Processing Method

PPP

Borrower Name

RANKIN ELECTRIC

Borrower Address

1030 24TH ST STE A

Borrower City

BAKERSFIELD

Borrower State

CA

Borrower Zip

93301-2406

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

141653.00

Current Approval Amount

141653.00

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

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

BAKERSFIELD

Project County Name

KERN

Project State

CA

Project Zip

93301-2406

CD

CA-22

Jobs Reported

14

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

141653.00

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

142918.17

Forgiveness Date

03/24/2021

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