PPP Loan information for Capital electric, inc.

$313,400

Capital electric, inc. was initially approved for PPP Loan of amount $407,600, the current approved amount is $313,400. The loan was approved on 04/07/2020 by The Timberland Bank reported 25 jobs and $313,400 was used to fund payroll.

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

CAPITAL ELECTRIC, INC.

Date Approved

04/07/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

CAPITAL ELECTRIC, INC.

Borrower Address

PO Box 1696

Borrower City

OLYMPIA

Borrower State

WA

Borrower Zip

98507-1696

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

407600.00

Current Approval Amount

313400.00

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

98507-1696

CD

WA-10

Jobs Reported

25

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

313400.00

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

316980.49

Forgiveness Date

06/09/2021

;