PPP Loan information for Sea-tac electric inc

$2,000,000

Sea-tac electric inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/28/2021 by The Timberland Bank reported 107 jobs and $2,000,000 was used to fund payroll.

Sea-tac electric inc is Existing or more than 2 years old

PPP Loan Search / WA / Kent / Sea-tac electric inc

SEA-TAC ELECTRIC INC

Date Approved

01/28/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

SEA-TAC ELECTRIC INC

Borrower Address

7056 S 220th St

Borrower City

Kent

Borrower State

WA

Borrower Zip

98032-1910

Loan Status Date

05/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kent

Project County Name

KING

Project State

WA

Project Zip

98032-1910

CD

WA-09

Jobs Reported

107

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

79380

Originating Lender

Timberland Bank

Originating Lender City

HOQUIAM

Originating Lender State

WA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2023123.29

Forgiveness Date

04/04/2022

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