PPP Loan information for Switch electric llc

$300,000

Switch electric llc was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 220 jobs and $300,000 was used to fund payroll.

Switch electric llc is Existing or more than 2 years old

SWITCH ELECTRIC LLC

Date Approved

05/01/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

SWITCH ELECTRIC LLC

Borrower Address

7226 139TH AVE NE

Borrower City

LAKE STEVENS

Borrower State

WA

Borrower Zip

98258

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE STEVENS

Project County Name

SNOHOMISH

Project State

WA

Project Zip

98258-0001

CD

WA-01

Jobs Reported

220

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

300000.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

303013.50

Forgiveness Date

05/06/2021

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