PPP Loan information for New age electric inc

$2,052,495

New age electric inc was initially approved for PPP Loan of amount $2,052,495, the current approved amount is $2,052,495. The loan was approved on 04/30/2020 by The BMO Harris Bank National Association reported 130 jobs and $2,052,495 was used to fund payroll.

New age electric inc is New Business or 2 years or less

PPP Loan Search / CA / San Jose / New age electric inc

NEW AGE ELECTRIC INC

Date Approved

04/30/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

NEW AGE ELECTRIC INC

Borrower Address

1085 N 11th St

Borrower City

San Jose

Borrower State

CA

Borrower Zip

95112

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2052495.00

Current Approval Amount

2052495.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

San Jose

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95112-1000

CD

CA-17

Jobs Reported

130

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2052495.00

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

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2075357.51

Forgiveness Date

06/11/2021

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