PPP Loan information for Bennett electrical inc

$2,000,000

Bennett electrical inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/21/2021 by The Eastern Bank reported 90 jobs and $2,000,000 was used to fund payroll.

Bennett electrical inc is Existing or more than 2 years old

PPP Loan Search / MA / Quincy / Bennett electrical inc

BENNETT ELECTRICAL INC

Date Approved

01/21/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

BENNETT ELECTRICAL INC

Borrower Address

1 Bennett Ln

Borrower City

Quincy

Borrower State

MA

Borrower Zip

02169-7701

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Quincy

Project County Name

NORFOLK

Project State

MA

Project Zip

02169-7701

CD

MA-08

Jobs Reported

90

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2024166.67

Forgiveness Date

04/11/2022

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