PPP Loan information for Barrows electric inc

$79,140

Barrows electric inc was initially approved for PPP Loan of amount $79,140, the current approved amount is $79,140. The loan was approved on 01/21/2021 by The Cornerstone Bank reported 7 jobs and $79,140 was used to fund payroll.

Barrows electric inc is Existing or more than 2 years old

PPP Loan Search / MA / Auburn / Barrows electric inc

BARROWS ELECTRIC INC

Date Approved

01/21/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

BARROWS ELECTRIC INC

Borrower Address

10 Linda Ave

Borrower City

Auburn

Borrower State

MA

Borrower Zip

01501-1926

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

79139.95

Current Approval Amount

79139.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Auburn

Project County Name

WORCESTER

Project State

MA

Project Zip

01501-1926

CD

MA-02

Jobs Reported

7

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

79138.95

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

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

79489.48

Forgiveness Date

07/21/2021

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