Borland Coastal Electric, Inc.

$118,950 PPP Loan in Seaside, Oregon

Loan Details

Loan Number
3698407110
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$118,950
Current Approval
$118,950
Forgiveness Amount
$120,091
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Borland Coastal Electric, Inc.
Address
1200 G Street
State
Oregon
ZIP Code
97138-4223
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
OR-01

Loan Use Breakdown

Payroll
$96,281
Rent
$10,000
Utilities
$3,957
Health Care
$912
Mortgage Interest
$5,000
Debt Interest
$2,800

Lender Information

Servicing Lender
Lewis & Clark Bank
Originating Lender
Lewis & Clark Bank

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