PPP Loan information for The electric company

$131,100

The electric company was initially approved for PPP Loan of amount $131,100, the current approved amount is $131,100. The loan was approved on 04/07/2020 by The Western Alliance Bank reported 13 jobs and $131,100 was used to fund payroll.

The electric company is Existing or more than 2 years old

THE ELECTRIC COMPANY

Date Approved

04/07/2020

SBA Office Code

0944

Processing Method

PPP

Borrower Name

THE ELECTRIC COMPANY

Borrower Address

660 KRESGE LN

Borrower City

SPARKS

Borrower State

NV

Borrower Zip

89431-7217

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

131100.00

Current Approval Amount

131100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317920

Servicing Lender Name

Western Alliance Bank

Servicing Lender Address

1 E Washington St

Servicing Lender City

PHOENIX

Servicing Lender State

AZ

Servicing Lender Zip

85004-2492

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPARKS

Project County Name

WASHOE

Project State

NV

Project Zip

89431-7217

CD

NV-02

Jobs Reported

13

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

131100.00

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

Subchapter S Corporation

Originating Lender Location Id

317920

Originating Lender

Western Alliance Bank

Originating Lender City

PHOENIX

Originating Lender State

AZ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

132068.68

Forgiveness Date

01/07/2021

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