PPP Loan information for Southgate electric inc.

$258,518

Southgate electric inc. was initially approved for PPP Loan of amount $258,518, the current approved amount is $258,518. The loan was approved on 03/30/2021 by The KeyBank National Association reported 10 jobs and $258,518 was used to fund payroll.

Southgate electric inc. is Existing or more than 2 years old

SOUTHGATE ELECTRIC INC.

Date Approved

03/30/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

SOUTHGATE ELECTRIC INC.

Borrower Address

107 Washington Blvd

Borrower City

Algona

Borrower State

WA

Borrower Zip

98001-8504

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

258518.00

Current Approval Amount

258518.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Algona

Project County Name

KING

Project State

WA

Project Zip

98001-8504

CD

WA-08

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

258515.00

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

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

260642.81

Forgiveness Date

02/10/2022

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