PPP Loan information for Switch electric inc

$803,608

Switch electric inc was initially approved for PPP Loan of amount $803,608, the current approved amount is $803,608. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 88 jobs and $803,608 was used to fund payroll.

Switch electric inc is Existing or more than 2 years old

PPP Loan Search / AZ / PHOENIX / Switch electric inc

SWITCH ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

SWITCH ELECTRIC INC

Borrower Address

1415 N. 7TH AVE

Borrower City

PHOENIX

Borrower State

AZ

Borrower Zip

85007

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

803608.00

Current Approval Amount

803608.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PHOENIX

Project County Name

MARICOPA

Project State

AZ

Project Zip

85007-1000

CD

AZ-03

Jobs Reported

88

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

803608.00

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

Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

813427.43

Forgiveness Date

07/28/2021

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