PPP Loan information for Backbay electric inc

$156,822

Backbay electric inc was initially approved for PPP Loan of amount $156,822, the current approved amount is $156,822. The loan was approved on 03/26/2021 by The Cogent Bank reported 18 jobs and $156,822 was used to fund payroll.

Backbay electric inc is Existing or more than 2 years old

PPP Loan Search / FL / Fort Myers / Backbay electric inc

BACKBAY ELECTRIC INC

Date Approved

03/26/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

BACKBAY ELECTRIC INC

Borrower Address

12960 Commerce Lakes Dr Ste 28

Borrower City

Fort Myers

Borrower State

FL

Borrower Zip

33913-8661

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

156822.00

Current Approval Amount

156822.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123987

Servicing Lender Name

Cogent Bank

Servicing Lender Address

420 S Orange Ave, Ste 150

Servicing Lender City

ORLANDO

Servicing Lender State

FL

Servicing Lender Zip

32801

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fort Myers

Project County Name

LEE

Project State

FL

Project Zip

33913-8661

CD

FL-19

Jobs Reported

18

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

156819.00

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

Corporation

Originating Lender Location Id

123987

Originating Lender

Cogent Bank

Originating Lender City

ORLANDO

Originating Lender State

FL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

158242.11

Forgiveness Date

02/23/2022

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