PPP Loan information for South west electric, inc

$107,500

South west electric, inc was initially approved for PPP Loan of amount $107,500, the current approved amount is $107,500. The loan was approved on 05/12/2020 by The Celtic Bank Corporation reported 11 jobs and $107,500 was used to fund payroll.

South west electric, inc is Existing or more than 2 years old

SOUTH WEST ELECTRIC, INC

Date Approved

05/12/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

SOUTH WEST ELECTRIC, INC

Borrower Address

1711 Jenks Drive

Borrower City

Corona

Borrower State

CA

Borrower Zip

92880

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107500.00

Current Approval Amount

107500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Corona

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92880-0700

CD

CA-41

Jobs Reported

11

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13437.50

Payroll Proceed

80625.00

Mortgage Interest Proceed

0.00

Rent Proceed

13437.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

108630.96

Forgiveness Date

06/02/2021

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