PPP Loan information for Central valley electric, inc.

$2,409,400

Central valley electric, inc. was initially approved for PPP Loan of amount $2,409,400, the current approved amount is $2,409,400. The loan was approved on 04/14/2020 by The Bank of Stockton reported 93 jobs and $2,409,400 was used to fund payroll.

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

PPP Loan Search / CA / MODESTO / Central valley electric, inc.

CENTRAL VALLEY ELECTRIC, INC.

Date Approved

04/14/2020

SBA Office Code

0942

Processing Method

PPP

Borrower Name

CENTRAL VALLEY ELECTRIC, INC.

Borrower Address

24 Frazine Rd

Borrower City

MODESTO

Borrower State

CA

Borrower Zip

95357

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2409400.00

Current Approval Amount

2409400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

14858

Servicing Lender Name

Bank of Stockton

Servicing Lender Address

301 E Miner Ave

Servicing Lender City

STOCKTON

Servicing Lender State

CA

Servicing Lender Zip

95202-2501

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MODESTO

Project County Name

STANISLAUS

Project State

CA

Project Zip

95357-0001

CD

CA-05

Jobs Reported

93

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

2356000.00

Mortgage Interest Proceed

0.00

Rent Proceed

38400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

14858

Originating Lender

Bank of Stockton

Originating Lender City

STOCKTON

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1829972.63

Forgiveness Date

06/11/2021

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