PPP Loan information for Boston electric company

$160,512

Boston electric company was initially approved for PPP Loan of amount $160,512, the current approved amount is $160,512. The loan was approved on 05/04/2020 by The Bank of America, National Association reported 14 jobs and $160,512 was used to fund payroll.

Boston electric company is Existing or more than 2 years old

BOSTON ELECTRIC COMPANY

Date Approved

05/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BOSTON ELECTRIC COMPANY

Borrower Address

9435 ENGLISH OAK DR

Borrower City

CLARKSTON

Borrower State

MI

Borrower Zip

48348-3504

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160512.00

Current Approval Amount

160512.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARKSTON

Project County Name

OAKLAND

Project State

MI

Project Zip

48348-3504

CD

MI-09

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

160512.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

162249.05

Forgiveness Date

06/04/2021

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