PPP Loan information for Cgl electronic security inc

$703,300

Cgl electronic security inc was initially approved for PPP Loan of amount $703,300, the current approved amount is $703,300. The loan was approved on 04/03/2020 by The Dedham Institution for Savings reported 46 jobs and $703,300 was used to fund payroll.

Cgl electronic security inc is Existing or more than 2 years old

PPP Loan Search / MA / WESTWOOD / Cgl electronic security inc

CGL ELECTRONIC SECURITY INC

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CGL ELECTRONIC SECURITY INC

Borrower Address

35 Southwest Park

Borrower City

WESTWOOD

Borrower State

MA

Borrower Zip

02090-1725

Loan Status Date

12/22/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

703300.00

Current Approval Amount

703300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32760

Servicing Lender Name

Dedham Institution for Savings

Servicing Lender Address

55 Elm St

Servicing Lender City

DEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02026-5996

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTWOOD

Project County Name

NORFOLK

Project State

MA

Project Zip

02090-1725

CD

MA-08

Jobs Reported

46

NAICS Code

561621

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

130300.00

Payroll Proceed

375000.00

Mortgage Interest Proceed

48000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

150000

Business Type

Corporation

Originating Lender Location Id

32760

Originating Lender

Dedham Institution for Savings

Originating Lender City

DEDHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

707288.58

Forgiveness Date

11/03/2020

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