PPP borrower record

TAFT ELECTRIC COMPANY PPP loan record

Public SBA PPP loan record for TAFT ELECTRIC COMPANY. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$8,762,899
Approved amount
$8,863,492
Forgiven amount
2020-04-11
Date approved

Borrower and loan details

Borrower
TAFT ELECTRIC COMPANY
Loan number
3541837101
Business type
Employee Stock Ownership Plan(ESOP)
Business age
Existing or more than 2 years old
Borrower city
Ventura
Borrower state
California
Borrower ZIP
93003
Jobs reported
470
Loan status
Exemption 4
Forgiveness date
2021-06-09
Servicing lender
Montecito Bank & Trust
Originating lender
Montecito Bank & Trust

Reported use of proceeds

Payroll
$8,762,899
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.