PPP Loan information for Totem electric of tacoma, inc.

$851,675

Totem electric of tacoma, inc. was initially approved for PPP Loan of amount $851,675, the current approved amount is $851,675. The loan was approved on 04/11/2020 by The Commencement Bank reported 41 jobs and $851,675 was used to fund payroll.

Totem electric of tacoma, inc. is Existing or more than 2 years old

PPP Loan Search / WA / TACOMA / Totem electric of tacoma, inc.

TOTEM ELECTRIC OF TACOMA, INC.

Date Approved

04/11/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

TOTEM ELECTRIC OF TACOMA, INC.

Borrower Address

2332 JEFFERSON AVE

Borrower City

TACOMA

Borrower State

WA

Borrower Zip

98402-1405

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

851675.00

Current Approval Amount

851675.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444842

Servicing Lender Name

Commencement Bank

Servicing Lender Address

1102 Commerce St, Ste 100

Servicing Lender City

TACOMA

Servicing Lender State

WA

Servicing Lender Zip

98402-4376

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TACOMA

Project County Name

PIERCE

Project State

WA

Project Zip

98402-1405

CD

WA-06

Jobs Reported

41

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

851675.00

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

444842

Originating Lender

Commencement Bank

Originating Lender City

TACOMA

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

862155.33

Forgiveness Date

07/08/2021

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