PPP Loan information for Allied electric inc

$92,012

Allied electric inc was initially approved for PPP Loan of amount $92,012, the current approved amount is $92,012. The loan was approved on 03/24/2021 by The Century Bank reported 12 jobs and $92,012 was used to fund payroll.

Allied electric inc is Existing or more than 2 years old

ALLIED ELECTRIC INC

Date Approved

03/24/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

ALLIED ELECTRIC INC

Borrower Address

2859 Cerrillos Rd

Borrower City

Santa Fe

Borrower State

NM

Borrower Zip

87507-2311

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

92012.00

Current Approval Amount

92012.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79221

Servicing Lender Name

Century Bank

Servicing Lender Address

100 S Federal Pl

Servicing Lender City

SANTA FE

Servicing Lender State

NM

Servicing Lender Zip

87501-1902

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Santa Fe

Project County Name

SANTA FE

Project State

NM

Project Zip

87507-2311

CD

NM-03

Jobs Reported

12

NAICS Code

238210

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

92007.00

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

79221

Originating Lender

Century Bank

Originating Lender City

SANTA FE

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

92459.28

Forgiveness Date

10/26/2021

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