A-1 Electric Service Co., INC

$700,000 PPP Loan in Culver City, California

Loan Details

Loan Number
5274587004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$700,000
Current Approval
$700,000
Forgiveness Amount
$705,408
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
A-1 Electric Service Co., INC
Address
4204 Sepulveda Blvd
ZIP Code
90230-4709
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$19.7M
Rural/Urban
Urban
Congressional District
CA-37

Loan Use Breakdown

Payroll
$663,000
Utilities
$2,000
Debt Interest
$35,000

Lender Information

Servicing Lender
American Business Bank
Originating Lender
American Business Bank

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