PPP Loan information for Anchor electric motor llc

$46,000

Anchor electric motor llc was initially approved for PPP Loan of amount $46,000, the current approved amount is $46,000. The loan was approved on 01/27/2021 by The Westfield Bank reported 5 jobs and $46,000 was used to fund payroll.

Anchor electric motor llc is Existing or more than 2 years old

ANCHOR ELECTRIC MOTOR LLC

Date Approved

01/27/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

ANCHOR ELECTRIC MOTOR LLC

Borrower Address

687 Silver St

Borrower City

Agawam

Borrower State

MA

Borrower Zip

01001-2993

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

46000.00

Current Approval Amount

46000.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Agawam

Project County Name

HAMPDEN

Project State

MA

Project Zip

01001-2993

CD

MA-01

Jobs Reported

5

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

45998.00

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

Limited Liability Company(LLC)

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

46336.06

Forgiveness Date

10/25/2021

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