Welburn Electric, INC

$525,264 PPP Loan in Phoenix, Oregon

Loan Details

Loan Number
9361737008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$525,264
Current Approval
$710,104
Forgiveness Amount
$715,435
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Welburn Electric, INC
Address
4529 S. Pacific Hwy.
State
Oregon
ZIP Code
97535-6601
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$12.8M
Rural/Urban
Urban
Congressional District
OR-02

Loan Use Breakdown

Payroll
$603,588
Rent
$14,202
Utilities
$35,505
Health Care
$56,808

Lender Information

Servicing Lender
Banner Bank
Originating Lender
Banner Bank

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