PPP Loan information for Ross electric inc

$262,258

Ross electric inc was initially approved for PPP Loan of amount $262,258, the current approved amount is $262,258. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 19 jobs and $262,258 was used to fund payroll.

Ross electric inc is New Business or 2 years or less

ROSS ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

ROSS ELECTRIC INC

Borrower Address

2870 SE 75TH AVE STE 203

Borrower City

HILLSBORO

Borrower State

OR

Borrower Zip

97123-6748

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

262258.00

Current Approval Amount

262258.00

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HILLSBORO

Project County Name

WASHINGTON

Project State

OR

Project Zip

97123-6748

CD

OR-01

Jobs Reported

19

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

262258.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

265893.16

Forgiveness Date

09/23/2021

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