PPP Loan information for Total power electric inc

$250,000

Total power electric inc was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 04/10/2020 by The Bank of America, National Association reported 34 jobs and $250,000 was used to fund payroll.

Total power electric inc is Existing or more than 2 years old

PPP Loan Search / FL / BOYNTON BEACH / Total power electric inc

TOTAL POWER ELECTRIC INC

Date Approved

04/10/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

TOTAL POWER ELECTRIC INC

Borrower Address

1330 W INDUSTRIAL AVE STE 107

Borrower City

BOYNTON BEACH

Borrower State

FL

Borrower Zip

33426-2902

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

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

Existing or more than 2 years old

Project City

BOYNTON BEACH

Project County Name

PALM BEACH

Project State

FL

Project Zip

33426-2902

CD

FL-22

Jobs Reported

34

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250000.00

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

253513.70

Forgiveness Date

09/23/2021

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