New Age Electric INC

$2,052,495 PPP Loan in San Jose, California

Loan Details

Loan Number
7627227301
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$2,052,495
Current Approval
$2,052,495
Forgiveness Amount
$2,075,358
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
New Age Electric INC
Address
1085 N 11th St
ZIP Code
95112
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
New Business or 2 years or less
Jobs Reported
130
Estimated Revenue
$42.8M
Rural/Urban
Urban
Congressional District
CA-17

Loan Use Breakdown

Payroll
$2,052,495

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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