PPP Loan information for B.c. electric inc

$195,062

B.c. electric inc was initially approved for PPP Loan of amount $195,062, the current approved amount is $195,062. The loan was approved on 04/15/2020 by The Rockland Trust Company reported 15 jobs and $195,062 was used to fund payroll.

B.c. electric inc is Existing or more than 2 years old

PPP Loan Search / MA / NORWELL / B.c. electric inc

B.C. ELECTRIC INC

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

B.C. ELECTRIC INC

Borrower Address

104 LONGWATER DR

Borrower City

NORWELL

Borrower State

MA

Borrower Zip

02061

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195062.00

Current Approval Amount

195062.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORWELL

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02061-0001

CD

MA-09

Jobs Reported

15

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

195062.00

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

Subchapter S Corporation

Originating Lender Location Id

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

197435.25

Forgiveness Date

07/07/2021

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