PPP Loan information for Ak electric inc.

$60,430

Ak electric inc. was initially approved for PPP Loan of amount $60,430, the current approved amount is $60,430. The loan was approved on 04/08/2020 by The Westfield Bank reported 6 jobs and $60,430 was used to fund payroll.

Ak electric inc. is Existing or more than 2 years old

AK ELECTRIC INC.

Date Approved

04/08/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

AK ELECTRIC INC.

Borrower Address

345 WILBRAHAM ST

Borrower City

PALMER

Borrower State

MA

Borrower Zip

01069-9533

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60430.00

Current Approval Amount

60430.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33436

Servicing Lender Name

Westfield Bank

Servicing Lender Address

141 Elm St

Servicing Lender City

WESTFIELD

Servicing Lender State

MA

Servicing Lender Zip

01085-2910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALMER

Project County Name

HAMPDEN

Project State

MA

Project Zip

01069-9533

CD

MA-01

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

60430.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33436

Originating Lender

Westfield Bank

Originating Lender City

WESTFIELD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60787.54

Forgiveness Date

11/19/2020

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