PPP Loan information for Schafer electric, inc.

$388,993

Schafer electric, inc. was initially approved for PPP Loan of amount $388,993, the current approved amount is $388,993. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 39 jobs and $388,993 was used to fund payroll.

Schafer electric, inc. is Existing or more than 2 years old

PPP Loan Search / CA / BURBANK / Schafer electric, inc.

SCHAFER ELECTRIC, INC.

Date Approved

05/01/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

SCHAFER ELECTRIC, INC.

Borrower Address

1505 N. SAN FERNANDO BLVD 1505 N. SAN FERNANDO BLVD.

Borrower City

BURBANK

Borrower State

CA

Borrower Zip

91504

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

388993.00

Current Approval Amount

388993.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURBANK

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91504-1000

CD

CA-30

Jobs Reported

39

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

388993.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

392797.67

Forgiveness Date

05/04/2021

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