ART'S ELECTRIC, INC. (WA) - 2020 PPP Loan Borrower Profile (# 7513687105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ART'S ELECTRIC, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Washington.

Loan Detail

Loan Number

7513687105

SBA Office Code

1086

Processing Method

PPP

Curent Loan Amount

$203,530

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$205,491.8

Date Loan was Forgiven

Apr 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

20,353

Payroll Proced

152,647.5

Rent Proceed

30,529.5

Lender

Twin City Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

811111

Borrower Location

LONGVIEW, WA

Project Location

LONGVIEW, WA

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.