PPP Loan information for Bent electrical contractors inc

$1,943,263

Bent electrical contractors inc was initially approved for PPP Loan of amount $1,943,263, the current approved amount is $1,943,263. The loan was approved on 02/06/2021 by The Eastern Bank reported 125 jobs and $1,943,263 was used to fund payroll.

Bent electrical contractors inc is Existing or more than 2 years old

PPP Loan Search / MA / Somerville / Bent electrical contractors inc

BENT ELECTRICAL CONTRACTORS INC

Date Approved

02/06/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

BENT ELECTRICAL CONTRACTORS INC

Borrower Address

59A Innerbelt Rd Ste 1

Borrower City

Somerville

Borrower State

MA

Borrower Zip

02143-4430

Loan Status Date

01/06/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1943262.50

Current Approval Amount

1943262.50

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

Somerville

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02143-4430

CD

MA-07

Jobs Reported

125

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1943259.50

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1979050.92

Forgiveness Date

12/07/2022

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