PPP Loan information for Schoolhouse electric company

$2,119,415

Schoolhouse electric company was initially approved for PPP Loan of amount $2,119,415, the current approved amount is $2,119,415. The loan was approved on 04/15/2020 by The U.S. Bank, National Association reported 115 jobs and $2,119,415 was used to fund payroll.

Schoolhouse electric company is Existing or more than 2 years old

PPP Loan Search / OR / PORTLAND / Schoolhouse electric company

SCHOOLHOUSE ELECTRIC COMPANY

Date Approved

04/15/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

SCHOOLHOUSE ELECTRIC COMPANY

Borrower Address

2181 NICOLAI ST NW

Borrower City

PORTLAND

Borrower State

OR

Borrower Zip

97210

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2119415.00

Current Approval Amount

2119415.00

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

PORTLAND

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97210-0100

CD

OR-01

Jobs Reported

115

NAICS Code

335121

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2119415.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1959874.14

Forgiveness Date

01/06/2022

;