Taft Electric Company

$8,762,899 PPP Loan in Ventura, California

Loan Details

Loan Number
3541837101
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$8,762,899
Current Approval
$8,762,899
Forgiveness Amount
$8,863,492
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Taft Electric Company
Address
1694 Eastman Ave
ZIP Code
93003-5705
Business Type
Employee Stock Ownership Plan(esop)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
470
Estimated Revenue
$154.6M
Rural/Urban
Urban
Congressional District
CA-24

Loan Use Breakdown

Payroll
$8,762,899

Lender Information

Servicing Lender
Montecito Bank & Trust
Originating Lender
Montecito Bank & Trust

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