PPP Loan information for Foster electric motor service, inc.

$257,146

Foster electric motor service, inc. was initially approved for PPP Loan of amount $257,146, the current approved amount is $257,146. The loan was approved on 04/13/2020 by The Arizona Central CU reported 16 jobs and $257,146 was used to fund payroll.

Foster electric motor service, inc. is Existing or more than 2 years old

FOSTER ELECTRIC MOTOR SERVICE, INC.

Date Approved

04/13/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

FOSTER ELECTRIC MOTOR SERVICE, INC.

Borrower Address

490 East Frye Road

Borrower City

CHANDLER

Borrower State

AZ

Borrower Zip

85225-6350

Loan Status Date

01/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

257146.00

Current Approval Amount

257146.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

91264

Servicing Lender Name

Arizona Central CU

Servicing Lender Address

2020 N Central Ave, Ste 300

Servicing Lender City

PHOENIX

Servicing Lender State

AZ

Servicing Lender Zip

85004-4597

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHANDLER

Project County Name

MARICOPA

Project State

AZ

Project Zip

85225-6350

CD

AZ-04

Jobs Reported

16

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

257146.00

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

91264

Originating Lender

Arizona Central CU

Originating Lender City

PHOENIX

Originating Lender State

AZ

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

258583.20

Forgiveness Date

11/05/2020

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