PPP Loan information for C.g. electric inc.

$365,775

C.g. electric inc. was initially approved for PPP Loan of amount $365,775, the current approved amount is $365,775. The loan was approved on 02/07/2021 by The Eastern Bank reported 29 jobs and $365,775 was used to fund payroll.

C.g. electric inc. is Existing or more than 2 years old

C.G. ELECTRIC INC.

Date Approved

02/07/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

C.G. ELECTRIC INC.

Borrower Address

16 Box Car Blvd

Borrower City

Tewksbury

Borrower State

MA

Borrower Zip

01876-1400

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

365775.00

Current Approval Amount

365775.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tewksbury

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01876-1400

CD

MA-06

Jobs Reported

29

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

365772.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

367654.68

Forgiveness Date

08/16/2021

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