PPP Loan information for Schetter electric, llc

$3,390,305

Schetter electric, llc was initially approved for PPP Loan of amount $3,390,305, the current approved amount is $3,390,305. The loan was approved on 04/07/2020 by The River City Bank reported 189 jobs and $3,390,305 was used to fund payroll.

Schetter electric, llc is New Business or 2 years or less

SCHETTER ELECTRIC, LLC

Date Approved

04/07/2020

SBA Office Code

0931

Processing Method

PPP

Borrower Name

SCHETTER ELECTRIC, LLC

Borrower Address

471 Bannon Street

Borrower City

SACRAMENTO

Borrower State

CA

Borrower Zip

95811-0203

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3390305.00

Current Approval Amount

3390305.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5226

Servicing Lender Name

River City Bank

Servicing Lender Address

2485 Natomas Park Dr

Servicing Lender City

SACRAMENTO

Servicing Lender State

CA

Servicing Lender Zip

95833-2937

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SACRAMENTO

Project County Name

SACRAMENTO

Project State

CA

Project Zip

95811-0203

CD

CA-07

Jobs Reported

189

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3390305.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

5226

Originating Lender

River City Bank

Originating Lender City

SACRAMENTO

Originating Lender State

CA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

3429688.27

Forgiveness Date

06/09/2021

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