PPP Loan information for Young electric co

$4,966,000

Young electric co was initially approved for PPP Loan of amount $4,967,000, the current approved amount is $4,966,000. The loan was approved on 04/09/2020 by The Tri Counties Bank reported 125 jobs and $4,966,000 was used to fund payroll.

Young electric co is Existing or more than 2 years old

PPP Loan Search / CA / SAN FRANCISCO / Young electric co

YOUNG ELECTRIC CO

Date Approved

04/09/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

YOUNG ELECTRIC CO

Borrower Address

195 ERIE ST

Borrower City

SAN FRANCISCO

Borrower State

CA

Borrower Zip

94103-2416

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4967000.00

Current Approval Amount

4966000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5060

Servicing Lender Name

Tri Counties Bank

Servicing Lender Address

63 Constitution Dr

Servicing Lender City

CHICO

Servicing Lender State

CA

Servicing Lender Zip

95973-4937

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAN FRANCISCO

Project County Name

SAN FRANCISCO

Project State

CA

Project Zip

94103-2416

CD

CA-11

Jobs Reported

125

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4966000.00

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

5060

Originating Lender

Tri Counties Bank

Originating Lender City

CHICO

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5023246.94

Forgiveness Date

06/11/2021

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