Central Valley Electric, Inc.
$2,409,400 PPP Loan in Modesto, California
Loan Details
- Loan Number
- 7857127105
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,409,400
- Current Approval
- $2,409,400
- Forgiveness Amount
- $1,829,973
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Central Valley Electric, Inc.
- Address
- 24 Frazine Rd
- City
- Modesto
- State
- California
- ZIP Code
- 95357
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 93
- Estimated Revenue
- $30.6M
- Rural/Urban
- Urban
- Congressional District
- CA-05
Loan Use Breakdown
- Payroll
- $2,356,000
- Rent
- $38,400
- Utilities
- $15,000
Lender Information
- Servicing Lender
- Bank of Stockton
- Originating Lender
- Bank of Stockton
Other PPP Loans in Modesto, CA
| Business | Approved | |
|---|---|---|
| Pacific Southwest Container, LLC | $10,000,000 | |
| Crystal Creamery INC | $10,000,000 | |
| Gould Medical Group, Inc. | $8,752,840 | |
| Central Valley Specialty Hospital, Inc. | $5,069,700 | |
| Modesto Industrial Electrical Co., Inc. | $4,115,042 |
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