PPP Loan information for Ac&e electric company

$642,600

Ac&e electric company was initially approved for PPP Loan of amount $642,600, the current approved amount is $642,600. The loan was approved on 05/05/2020 by The Willamette Valley Bank reported 39 jobs and $642,600 was used to fund payroll.

Ac&e electric company is Existing or more than 2 years old

PPP Loan Search / OR / SALEM / Ac&e electric company

AC&E ELECTRIC COMPANY

Date Approved

05/05/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

AC&E ELECTRIC COMPANY

Borrower Address

3535 DEL WEBB AVE NE STE 100

Borrower City

SALEM

Borrower State

OR

Borrower Zip

97301-7499

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

642600.00

Current Approval Amount

642600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203330

Servicing Lender Name

Willamette Valley Bank

Servicing Lender Address

101 High St NE

Servicing Lender City

SALEM

Servicing Lender State

OR

Servicing Lender Zip

97301-3641

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

MARION

Project State

OR

Project Zip

97301-7499

CD

OR-05

Jobs Reported

39

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

160650.00

Payroll Proceed

481950.00

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

203330

Originating Lender

Willamette Valley Bank

Originating Lender City

SALEM

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

645680.96

Forgiveness Date

11/03/2020

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