PPP Loan information for Willamette electric inc

$323,425

Willamette electric inc was initially approved for PPP Loan of amount $323,425, the current approved amount is $323,425. The loan was approved on 01/23/2021 by The Heritage Bank reported 16 jobs and $323,425 was used to fund payroll.

Willamette electric inc is Existing or more than 2 years old

WILLAMETTE ELECTRIC INC

Date Approved

01/23/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

WILLAMETTE ELECTRIC INC

Borrower Address

9710 SW Tigard St

Borrower City

Tigard

Borrower State

OR

Borrower Zip

97223-5242

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

323425.00

Current Approval Amount

323425.00

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

Tigard

Project County Name

WASHINGTON

Project State

OR

Project Zip

97223-5242

CD

OR-01

Jobs Reported

16

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

323420.00

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

81191

Originating Lender

Heritage Bank

Originating Lender City

OLYMPIA

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

326739.00

Forgiveness Date

02/07/2022

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