PPP Loan information for Total electric inc

$87,396

Total electric inc was initially approved for PPP Loan of amount $87,396, the current approved amount is $87,396. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 11 jobs and $87,396 was used to fund payroll.

Total electric inc is New Business or 2 years or less

TOTAL ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

TOTAL ELECTRIC INC

Borrower Address

10205 W COUNTRY CLUB TRL

Borrower City

PEORIA

Borrower State

AZ

Borrower Zip

85383-2729

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87396.00

Current Approval Amount

87396.00

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PEORIA

Project County Name

MARICOPA

Project State

AZ

Project Zip

85383-2729

CD

AZ-08

Jobs Reported

11

NAICS Code

561312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87396.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88138.27

Forgiveness Date

03/10/2021

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