Date Approved
06/24/2020
SBA Office Code
0101
Processing Method
PPP
Borrower Name
C.L. FORBES ELECTRIC
Borrower Address
10 N END RD
Borrower City
TOWNSEND
Borrower State
MA
Borrower Zip
01469-1125
Loan Status Date
02/20/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
34700.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
98539
Servicing Lender Name
St. Mary's CU
Servicing Lender Address
46 Lizotte Dr
Servicing Lender City
MARLBOROUGH
Servicing Lender State
Servicing Lender Zip
01752-3061
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MIDDLESEX
Project State
Project Zip
CD
MA-03
Jobs Reported
2
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
32700.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
2000.00
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
34885.38
Forgiveness Date
01/06/2021