PPP Loan information for Brite-lite electrical co.inc.

$487,100

Brite-lite electrical co.inc. was initially approved for PPP Loan of amount $487,100, the current approved amount is $487,100. The loan was approved on 04/04/2020 by The South Shore Bank reported 25 jobs and $487,100 was used to fund payroll.

Brite-lite electrical co.inc. is Existing or more than 2 years old

PPP Loan Search / MA / WEYMOUTH / Brite-lite electrical co.inc.

BRITE-LITE ELECTRICAL CO.INC.

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

BRITE-LITE ELECTRICAL CO.INC.

Borrower Address

11 FRONT ST

Borrower City

WEYMOUTH

Borrower State

MA

Borrower Zip

02188-1604

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

487100.00

Current Approval Amount

487100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEYMOUTH

Project County Name

NORFOLK

Project State

MA

Project Zip

02188-1604

CD

MA-08

Jobs Reported

25

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

487100.00

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

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

489846.70

Forgiveness Date

11/03/2020

;