Ac&e Electric Company

$642,600 PPP Loan in Salem, Oregon

Loan Details

Loan Number
2275027401
Date Approved
May 5, 2020
Loan Status
Paid in Full
Initial Approval
$642,600
Current Approval
$642,600
Forgiveness Amount
$645,681
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ac&e Electric Company
Address
3535 Del Webb Ave NE Ste 100
City
Salem
State
Oregon
ZIP Code
97301-7499
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$12.8M
Rural/Urban
Urban
Congressional District
OR-06

Loan Use Breakdown

Payroll
$481,950
Utilities
$160,650

Lender Information

Servicing Lender
Willamette Valley Bank
Originating Lender
Willamette Valley Bank

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