PPP Loan information for Taft electric inc

$512,442

Taft electric inc was initially approved for PPP Loan of amount $512,442, the current approved amount is $512,442. The loan was approved on 01/27/2021 by The The Citizens Bank reported 40 jobs and $512,442 was used to fund payroll.

Taft electric inc is Existing or more than 2 years old

PPP Loan Search / NM / Bloomfield / Taft electric inc

TAFT ELECTRIC INC

Date Approved

01/27/2021

SBA Office Code

0682

Processing Method

PPP

Borrower Name

TAFT ELECTRIC INC

Borrower Address

32 Road 5219

Borrower City

Bloomfield

Borrower State

NM

Borrower Zip

87413-9716

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

512441.80

Current Approval Amount

512441.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45784

Servicing Lender Name

The Citizens Bank

Servicing Lender Address

500 W Broadway

Servicing Lender City

FARMINGTON

Servicing Lender State

NM

Servicing Lender Zip

87401-5986

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomfield

Project County Name

SAN JUAN

Project State

NM

Project Zip

87413-9716

CD

NM-03

Jobs Reported

40

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

512437.80

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

Subchapter S Corporation

Originating Lender Location Id

45784

Originating Lender

The Citizens Bank

Originating Lender City

FARMINGTON

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

515755.12

Forgiveness Date

09/21/2021

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