PPP Loan information for True light electric inc

$276,508

True light electric inc was initially approved for PPP Loan of amount $276,508, the current approved amount is $276,508. The loan was approved on 01/22/2021 by The Heritage Bank reported 22 jobs and $276,508 was used to fund payroll.

True light electric inc is Existing or more than 2 years old

PPP Loan Search / WA / Tacoma / True light electric inc

TRUE LIGHT ELECTRIC INC

Date Approved

01/22/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

TRUE LIGHT ELECTRIC INC

Borrower Address

1828 112th St E Ste B

Borrower City

Tacoma

Borrower State

WA

Borrower Zip

98445-3744

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

276508.20

Current Approval Amount

276508.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81191

Servicing Lender Name

Heritage Bank

Servicing Lender Address

201 5th Ave SW

Servicing Lender City

OLYMPIA

Servicing Lender State

WA

Servicing Lender Zip

98501-1063

Rural Urban Indicator

U

Hubzone Indicator

N

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

98445-3744

CD

WA-10

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

276506.20

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

81191

Originating Lender

Heritage Bank

Originating Lender City

OLYMPIA

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

277561.20

Forgiveness Date

06/15/2021

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