PPP Loan information for Colonial electronic manufacturers inc

$454,400

Colonial electronic manufacturers inc was initially approved for PPP Loan of amount $454,400, the current approved amount is $454,400. The loan was approved on 02/03/2021 by The Citizens Bank, National Association reported 42 jobs and $454,400 was used to fund payroll.

Colonial electronic manufacturers inc is Existing or more than 2 years old

COLONIAL ELECTRONIC MANUFACTURERS INC

Date Approved

02/03/2021

SBA Office Code

0189

Processing Method

PPS

Borrower Name

COLONIAL ELECTRONIC MANUFACTURERS INC

Borrower Address

1 Chestnut St

Borrower City

Nashua

Borrower State

NH

Borrower Zip

03060-9302

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

454400.00

Current Approval Amount

454400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Nashua

Project County Name

HILLSBOROUGH

Project State

NH

Project Zip

03060-9302

CD

NH-02

Jobs Reported

42

NAICS Code

334418

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

454398.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

457624.37

Forgiveness Date

10/25/2021

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