PPP Loan information for Serrano electric inc

$1,559,925

Serrano electric inc was initially approved for PPP Loan of amount $1,559,925, the current approved amount is $1,559,925. The loan was approved on 01/20/2021 by The Western Alliance Bank reported 79 jobs and $1,559,925 was used to fund payroll.

Serrano electric inc is Existing or more than 2 years old

SERRANO ELECTRIC INC

Date Approved

01/20/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

SERRANO ELECTRIC INC

Borrower Address

15920 Concord Cir

Borrower City

Morgan Hill

Borrower State

CA

Borrower Zip

95037-5451

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

1559925.00

Current Approval Amount

1559925.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317920

Servicing Lender Name

Western Alliance Bank

Servicing Lender Address

1 E Washington St

Servicing Lender City

PHOENIX

Servicing Lender State

AZ

Servicing Lender Zip

85004-2492

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Morgan Hill

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95037-5451

CD

CA-18

Jobs Reported

79

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1559920.00

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

317920

Originating Lender

Western Alliance Bank

Originating Lender City

PHOENIX

Originating Lender State

AZ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1576000.89

Forgiveness Date

02/01/2022

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