PPP Loan information for Schafer electric inc

$457,857

Schafer electric inc was initially approved for PPP Loan of amount $457,857, the current approved amount is $457,857. The loan was approved on 01/30/2021 by The Wells Fargo Bank, National Association reported 31 jobs and $457,857 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

01/30/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

SCHAFER ELECTRIC INC

Borrower Address

1505 N San Fernando Blvd

Borrower City

Burbank

Borrower State

CA

Borrower Zip

91504-4121

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

457857.00

Current Approval Amount

457857.00

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

91504-4121

CD

CA-30

Jobs Reported

31

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

457852.00

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

462172.15

Forgiveness Date

01/12/2022

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