Date Approved
04/27/2020
SBA Office Code
0101
Processing Method
PPP
Borrower Name
CARON ELECTRIC, INC.
Borrower Address
241 MASSACHUSETTS AVE
Borrower City
LEXINGTON
Borrower State
MA
Borrower Zip
02420-4003
Loan Status Date
04/13/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
46141.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
89298
Servicing Lender Name
StonehamBank
Servicing Lender Address
80 Montvale Ave
Servicing Lender City
STONEHAM
Servicing Lender State
Servicing Lender Zip
02180-2893
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
MIDDLESEX
Project State
Project Zip
CD
MA-05
Jobs Reported
6
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
46729.30
Forgiveness Date
08/09/2021