Schafer Electric INC

$457,857 PPP Loan in Burbank, California

Loan Details

Loan Number
8792368302
Date Approved
Jan 30, 2021
Loan Status
Paid in Full
Initial Approval
$457,857
Current Approval
$457,857
Forgiveness Amount
$462,172
Forgiveness Date
Jan 12, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Schafer Electric INC
Address
1505 N San Fernando Blvd
ZIP Code
91504-4121
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$10.2M
Rural/Urban
Urban
Congressional District
CA-30

Loan Use Breakdown

Payroll
$457,852
Utilities
$1

Lender Information

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

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