All Electric Motors INC

$242,003 PPP Loan in Auburn, California

Loan Details

Loan Number
6265627703
Date Approved
May 1, 2020
Loan Status
Exemption 4
Initial Approval
$242,003
Current Approval
$230,256
Forgiveness Amount
$72,532
Forgiveness Date
Aug 22, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
All Electric Motors INC
Address
1452 Canal St
City
Auburn
ZIP Code
95603-2835
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811219)
Business Age
New Business or 2 years or less
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
CA-03

Loan Use Breakdown

Payroll
$230,256

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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