PPP Loan information for Bear electric, inc.

$1,472,080

Bear electric, inc. was initially approved for PPP Loan of amount $588,832, the current approved amount is $1,472,080. The loan was approved on 04/29/2020 by The U.S. Bank, National Association reported 76 jobs and $1,472,080 was used to fund payroll.

Bear electric, inc. is Existing or more than 2 years old

BEAR ELECTRIC, INC.

Date Approved

04/29/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

BEAR ELECTRIC, INC.

Borrower Address

20985 BUTTEVILLE RD NE

Borrower City

AURORA

Borrower State

OR

Borrower Zip

97002

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

588832.00

Current Approval Amount

1472080.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AURORA

Project County Name

MARION

Project State

OR

Project Zip

97002-0001

CD

OR-05

Jobs Reported

76

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1472080.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1487127.93

Forgiveness Date

05/19/2021

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