PPP Loan information for Area electronics systems inc

$649,110

Area electronics systems inc was initially approved for PPP Loan of amount $649,110, the current approved amount is $649,110. The loan was approved on 02/06/2021 by The Sunwest Bank reported 31 jobs and $649,110 was used to fund payroll.

Area electronics systems inc is Existing or more than 2 years old

PPP Loan Search / CA / Anaheim / Area electronics systems inc

AREA ELECTRONICS SYSTEMS INC

Date Approved

02/06/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

AREA ELECTRONICS SYSTEMS INC

Borrower Address

1247 N Lakeview Ave Ste C

Borrower City

Anaheim

Borrower State

CA

Borrower Zip

92807-1833

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

649110.00

Current Approval Amount

649110.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

14926

Servicing Lender Name

Sunwest Bank

Servicing Lender Address

10011 Centennial Pkwy, Ste 450

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Anaheim

Project County Name

ORANGE

Project State

CA

Project Zip

92807-1833

CD

CA-40

Jobs Reported

31

NAICS Code

423430

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

649110.00

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

14926

Originating Lender

Sunwest Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

655423.26

Forgiveness Date

02/09/2022

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