New Age Electric Inc.
$2,000,000 PPP Loan in San Jose, California
Loan Details
- Loan Number
- 9845938404
- Date Approved
- Feb 17, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $2,000,000
- Current Approval
- $2,000,000
- Forgiveness Amount
- $2,010,889
- Forgiveness Date
- Sep 8, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- New Age Electric Inc.
- Address
- 1085 N 11th St
- City
- San Jose
- State
- California
- ZIP Code
- 95112-2928
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 118
- Estimated Revenue
- $38.8M
- Rural/Urban
- Urban
- Congressional District
- CA-18
Loan Use Breakdown
- Payroll
- $2,000,000
Lender Information
- Servicing Lender
- Bmo Bank National Association
- Originating Lender
- Bmo Bank National Association
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|---|---|---|
| Velodyne Lidar, Inc. | $10,000,000 | |
| Quantum Corporation | $10,000,000 | |
| United Mechanical Inc. | $10,000,000 | |
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