PPP Loan information for Republic electric west

$1,543,431

Republic electric west was initially approved for PPP Loan of amount $1,768,172, the current approved amount is $1,543,431. The loan was approved on 04/15/2020 by The Mechanics Bank reported 107 jobs and $1,543,431 was used to fund payroll.

Republic electric west is Existing or more than 2 years old

REPUBLIC ELECTRIC WEST

Date Approved

04/15/2020

SBA Office Code

0931

Processing Method

PPP

Borrower Name

REPUBLIC ELECTRIC WEST

Borrower Address

3820 HAPPY LANE

Borrower City

SACRAMENTO

Borrower State

CA

Borrower Zip

95827

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1768172.00

Current Approval Amount

1543431.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

6042

Servicing Lender Name

Mechanics Bank

Servicing Lender Address

1111 Civic Dr

Servicing Lender City

WALNUT CREEK

Servicing Lender State

CA

Servicing Lender Zip

94596-3895

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SACRAMENTO

Project County Name

SACRAMENTO

Project State

CA

Project Zip

95827-0701

CD

CA-06

Jobs Reported

107

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1543431.00

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

6042

Originating Lender

Mechanics Bank

Originating Lender City

WALNUT CREEK

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1559208.29

Forgiveness Date

04/28/2021

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