PPP Loan information for Associated electro-mechanics i

$750,631

Associated electro-mechanics i was initially approved for PPP Loan of amount $750,631, the current approved amount is $750,631. The loan was approved on 04/14/2020 by The Westfield Bank reported 48 jobs and $750,631 was used to fund payroll.

Associated electro-mechanics i is Existing or more than 2 years old

ASSOCIATED ELECTRO-MECHANICS I

Date Approved

04/14/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

ASSOCIATED ELECTRO-MECHANICS I

Borrower Address

185 ROWLAND ST

Borrower City

SPRINGFIELD

Borrower State

MA

Borrower Zip

01107-1012

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

750630.96

Current Approval Amount

750630.96

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

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

HAMPDEN

Project State

MA

Project Zip

01107-1012

CD

MA-01

Jobs Reported

48

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

750630.96

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

Corporation

Originating Lender Location Id

33436

Originating Lender

Westfield Bank

Originating Lender City

WESTFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

756281.54

Forgiveness Date

01/20/2021

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