PPP Loan information for Target electronics

$33,230

Target electronics was initially approved for PPP Loan of amount $33,230, the current approved amount is $33,230. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 1 jobs and $33,230 was used to fund payroll.

Target electronics is New Business or 2 years or less

TARGET ELECTRONICS

Date Approved

05/01/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

TARGET ELECTRONICS

Borrower Address

16120 CAPUTO DR STE E

Borrower City

MORGAN HILL

Borrower State

CA

Borrower Zip

95037-5531

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

33230.00

Current Approval Amount

33230.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MORGAN HILL

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95037-5531

CD

CA-18

Jobs Reported

1

NAICS Code

423690

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

33230.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

33502.21

Forgiveness Date

02/25/2021

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