PPP Loan information for United states electric corporation of washington

$380,200

United states electric corporation of washington was initially approved for PPP Loan of amount $425,000, the current approved amount is $380,200. The loan was approved on 04/04/2020 by The Timberland Bank reported 14 jobs and $380,200 was used to fund payroll.

United states electric corporation of washington is Existing or more than 2 years old

UNITED STATES ELECTRIC CORPORATION OF WASHINGTON

Date Approved

04/04/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

UNITED STATES ELECTRIC CORPORATION OF WASHINGTON

Borrower Address

PO BOX 87

Borrower City

OLYMPIA

Borrower State

WA

Borrower Zip

98507-0087

Loan Status Date

05/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

425000.00

Current Approval Amount

380200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79380

Servicing Lender Name

Timberland Bank

Servicing Lender Address

624 Simpson Ave

Servicing Lender City

HOQUIAM

Servicing Lender State

WA

Servicing Lender Zip

98550-3623

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLYMPIA

Project County Name

THURSTON

Project State

WA

Project Zip

98507-0087

CD

WA-10

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

380200.00

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

79380

Originating Lender

Timberland Bank

Originating Lender City

HOQUIAM

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

384387.41

Forgiveness Date

05/21/2021

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