PPP Loan information for Atlantic electrical distributor service, inc.

$69,000

Atlantic electrical distributor service, inc. was initially approved for PPP Loan of amount $69,000, the current approved amount is $69,000. The loan was approved on 04/03/2020 by The Webster Five Cents Savings Bank reported 5 jobs and $69,000 was used to fund payroll.

Atlantic electrical distributor service, inc. is Existing or more than 2 years old

PPP Loan Search / MA / SHREWSBURY / Atlantic electrical distributor service, inc.

ATLANTIC ELECTRICAL DISTRIBUTOR SERVICE, INC.

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ATLANTIC ELECTRICAL DISTRIBUTOR SERVICE, INC.

Borrower Address

173 Memorial Drive

Borrower City

SHREWSBURY

Borrower State

MA

Borrower Zip

01545-4030

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69000.00

Current Approval Amount

69000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33428

Servicing Lender Name

Webster Five Cents Savings Bank

Servicing Lender Address

136 Thompson Rd

Servicing Lender City

WEBSTER

Servicing Lender State

MA

Servicing Lender Zip

01570-1416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHREWSBURY

Project County Name

WORCESTER

Project State

MA

Project Zip

01545-4030

CD

MA-02

Jobs Reported

5

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

54936.00

Mortgage Interest Proceed

0.00

Rent Proceed

14064.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33428

Originating Lender

Webster Five Cents Savings Bank

Originating Lender City

WEBSTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69392.92

Forgiveness Date

11/05/2020

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