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
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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