Solectric LLC

$62,500 PPP Loan in Mount Vernon, Washington

Loan Details

Loan Number
1473527710
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$62,500
Current Approval
$62,500
Forgiveness Amount
$63,114
Forgiveness Date
Apr 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Solectric LLC
Address
22434 State Route 534
ZIP Code
98274
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
WA-02

Loan Use Breakdown

Payroll
$38,500
Rent
$6,000
Utilities
$3,000
Health Care
$15,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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