Schafer Electric, Inc.

$388,993 PPP Loan in Burbank, California

Loan Details

Loan Number
4702817701
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$388,993
Current Approval
$388,993
Forgiveness Amount
$392,798
Forgiveness Date
May 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schafer Electric, Inc.
Address
1505 N. San Fernando Blvd 1505 N. San Fernando Blvd.
ZIP Code
91504
Business Type
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
CA-30

Loan Use Breakdown

Payroll
$388,993

Lender Information

Servicing Lender
Wells Fargo Bank, National Association
Originating Lender
Wells Fargo Bank, National Association

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